SOLUTION: Sam is investing his money. He thinks that he should make $11 for every $100 he invests. How much does he expect to make on an investment of $1000?

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Question 1146853: Sam is investing his money. He thinks that he should make $11 for every $100 he invests. How much does he expect to make on an investment of $1000?
Answer by ikleyn(52839) About Me  (Show Source):
You can put this solution on YOUR website!
.

Use proportion


    11%2F100 = x%2F1000.


From the proportion, find x = %2811%2A1000%29%2F100 = 110  dollars.    ANSWER

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