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If you bought a stock last year for a price of $67, and it has risen 12% since then, how much is the stock worth now, to the nearest cent?**
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Question

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## Answers ( )

Answer:$75.04

Step-by-step explanation:

last year price=$67

12% of 67

12/100 x 67

(12 x 67) ➗ 100

804 ➗ 100=8.04

Since it has risen by 12%

There new price is 67+8.04=75.04