Rebecckaosks Rebecckaosks
  • 17-11-2020
  • Mathematics
contestada

The interest on an investment varies directly as the rate of interest. If the interest is $43 when the interest rate is 4%, find the interest when the rate is 8%.

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sqdancefan
sqdancefan sqdancefan
  • 17-11-2020

9514 1404 393

Answer:

  $86

Step-by-step explanation:

Since the interest varies directly, doubling the rate will double the interest.

The interest is $86 when the rate is 8%.

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