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9 March, 01:24

Last year, Karen opened an investment account with 8600. At the end of the year, the amount in the account had increased by 22.5 %.

How much is this increase in dollars? How much money was in her account at the end of last year?

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  1. 9 March, 03:56
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    Increase in dollars: $1,935

    Amount at end of year: $10,535

    Equation: 8600 (1.225)
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