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Investment a has a value of $50 at the end of the first year and increases by 8% every year. Investment b has a value of 60$ at the end of the first year and increases by $3 every year. What's the first year investment a

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Arshavin023

Answer:

a's initial amount before investment= $42.296296

Step-by-step explanation:

After first year investment of a became $50 because of increase of 8%

Hence initial invest is simply 100% because $50 is 108%

Hence using direct proportion

108% is $50, Hence 100% will be = (100 x 50) / 108 = $42.296296

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