Respuesta :
First, find what 41 is 4% of.
[tex] \frac{4}{100} = \frac{41}{x} [/tex]
[tex]4x = 4100[/tex]
[tex]x = 1025[/tex]
Now find 7% of 1025.
[tex]1025(.07) = 71.75[/tex]
The interest would be $71.75
[tex] \frac{4}{100} = \frac{41}{x} [/tex]
[tex]4x = 4100[/tex]
[tex]x = 1025[/tex]
Now find 7% of 1025.
[tex]1025(.07) = 71.75[/tex]
The interest would be $71.75
Answer:
$ 71.75
Step-by-step explanation:
Suppose r represents the interest rate and I represents the amount of interest,
∵ the interest on an investment varies directly as the rate of interest,
i.e. I ∝ r
⇒ I = kr
Where,
k = constant of variation,
If I = 41, r = 4% = 0.04,
[tex]\implies 41=0.04k\implies k = \frac{41}{0.04}=1025[/tex]
Thus, the equation that shows the relation between I and r is,
I = 1025 r
If r = 7% = 0.07,
Thus, the interest would be,
I = 1025 × 0.07 = $ 71.75
