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Please help!!!!!! Quick
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5 votes
Please help!!!!!! Quick

Please help!!!!!! Quick-example-1
User Aysel
by
3.8k points

1 Answer

3 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

User Siddharth Bhat
by
5.0k points
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