Answer: $14.40
Explanation:
The question simply asks us to calculate the value of a 20% increase in $12. This will be:
= $12 + (20% × $12)
= $12 + (20/100 × $12)
= $12 + (0.2 × $12)
= $12 + $2.40
= $14.40
A 20% increase in $12 will give $14.40
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