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The value of Maria's investments increased by 40% in the first year and by a further 20% in the second year. The value of Laura's
The value of Maria's investments increased by 40% in the first year and by a further 20% in the second year. The value of Laura's investments grew 20% in the first year, followed by a gain of 40% in the second year. Both Maria and Laura started out with a $10,000 investment. Find Maria's and Laura's increase.
Maria's increase | $ |
Laura's increase | $ |
Whose investment increased more in the 2-year period?
A Maria's investment increased more.
b Laura's investment increased more.
c Both investments increased equally.
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