SOLUTION: Business and finance. Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what amount of interest would be earned by an investment of $2500?

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Question 77741: Business and finance. Kevin earned $165 interest for 1 year on an investment of
$1500. At the same rate, what amount of interest would be earned by an investment of $2500?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Business and finance. Kevin earned $165 interest for 1 year on an investment of
$1500. At the same rate, what amount of interest would be earned by an investment of $2500?
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Let x be the interest on 2500
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x/2500 = 165/1500
x=275
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Cheers,
Stan H.