Kevin earned $165 interest for 1 year on $1500 investment.

sbates

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Aug 16, 2007
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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
 

Subhotosh Khan

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Re: Business and Finance

sbates said:
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?
This is a ratio problem.

Please show us your work and tell us exactly where you are stuck.
 
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