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%.

Question

asked Jun 27, 2021 87.1k views

1 Answer

Joon W K · Answer 1 · 2021-07-02T03:30:24+0000

9514 1404 393

Answer:

$86

Explanation:

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

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