Please help!!!!!! Quick

Fahri asked Mar 8, 2023

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12 votes

Fahri asked Mar 8, 2023

by Fahri

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11 votes

Answer:

$361,660

Explanation:

(a)

the original value represents 100%

an increase of 7% is then 100% + 7% = 107% =
(107)/(100) = 1.07 then

new value = 1.07 × old value

(b)

new value = 1.07 × $338,000 = $361,660

Gadelat answered Mar 12, 2023

3.4k points

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