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Mathematics, 09.12.2020 22:00 BaileyElizabethRay

The value of a vinyl record that Katie purchased in 2016 was $42.20. The value of the record was expected to increase by 3.25% per year. How much more is the projected value of the record in 2018 than in 2017? Use the compound interest formula A=P(1+r)t.

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