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8 February, 06:37

Two years ago, Paul bought $350 worth of stock in a cell phone company. Since then the value of his stock has been increasing at an average rate of 9 % per year. How much is the stock worth now?

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  1. 8 February, 09:03
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    The stock is now worth $415.84.
  2. 8 February, 10:31
    0
    Answer: The difference for the annual 9% increase is 31.5 The answer is $413.

    Step-by-step explanation:

    Since Paul bought his stock two years ago, the total difference is $63. 350+63=$413.
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