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Ali invested $224 for 12 months in a bank and received a maturity amount of $250.50. If he had invested the amount in a fund

Ali invested $224 for 12 months in a bank and received a maturity amount of $250.50. If he had invested the amount in a fund earning 1.20% p.a. more, how much would he have had received at maturity?

Round to the nearest cent

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