SOLUTION: An investment of $1500 paid interest of $45 during a certain period.How much interest would an investment of $2000 invested at the same rate for the same length of time pay?

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Question 120595: An investment of $1500 paid interest of $45 during a certain period.How much interest would an investment of $2000 invested at the same rate for the same length of time pay?
Answer by checkley71(8403) About Me  (Show Source):
You can put this solution on YOUR website!
45/1500=X/2000 CROSS MULTIPLY
1500X=45*2000
1500X=90,000
X=90,000/1500
X=60 ANSWER FOR THE AMOUNT OF INTEREST ON THE 2000 INVESTMENT.