SOLUTION: Tutor, I keep coming up with a different answer to this problem could you help me see where my error is? Kevin earned $165 interest for 1 year on an investment of $1500.

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Question 98810This question is from textbook Beginning Algebra
: Tutor,
I keep coming up with a different answer to this problem could you help me see where my error is?
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?
Thank you for your help. This question is from textbook Beginning Algebra

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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x/2500 = 165/1500
x =2500*(165/1500)
x = $275 (Amount of interest earned on investment of $2500)
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Cheers,
Stan H.