Answer:
$17183.98
Explanation:
Given data
Initial value= £15837.77
Let us first find 8.5% of £15837.77
The increase is
=8.5/100* 15837.77
=0.085*15837.77
=$1346.21
Hence the new value is
=1346.21+ 15837.77
=$17183.98
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