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A new law requires that 5% of an individual’s income to be invested in the stock market. Your accounts show that you need to put $430 in the
Question
A new law requires that 5% of an individual’s income to be invested in the stock market. Your accounts show that you need to put $430 in the stock market this year. How much did you earn this year
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Mathematics
5 years
2021-07-26T03:10:39+00:00
2021-07-26T03:10:39+00:00 1 Answers
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Divide the amount you need to invest by the percentage.
430/0.05 = 8,600
You earned $8,600