SOLUTION: 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 94980: 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!
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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165/1500 = x/2500
x = (165/1500)*2500
x = $275 (amount of interest earned by an investment of $2500)
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Cheers,
Stan H.