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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asked Jun 18, 2021 145k views

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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%.

Mathematics
high-school

Krishna Kumar Thakur asked

by Krishna Kumar Thakur

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5 votes

I believe 86$ is the answer

Jacquie answered Jun 21, 2021

by Jacquie

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3 votes

Answer:

$86

Explanation:

intrest=principal x intrest rate

43=p x .04

1075

I=1075 x .08

Kevinniel answered Jun 24, 2021

by Kevinniel

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