Erica invested $200 last year. Her investment has grown by 20%. What is the value of her investment now?

asked May 18, 2020 179k views

3 votes

Erica invested $200 last year.

Her investment has grown by 20%. What is the value of her investment now?

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5 votes

Investment = $200

Gain = $200 × .2 = 40

Total investment value = 200 + 40 = 240

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