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the interest on an investment varies directly as the rate of interest. If the interest is $46 when the interest rate is 4%, find the interest when the rate is 5.5%. how would you do this
 Sep 29, 2013

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 #1
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4% is $46 so
1% is $46/4 = $11.50 so
5.5% is $11.50*5.5 = $63.25
 Sep 29, 2013

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