Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Experience the convenience of getting accurate answers to your questions from a dedicated community of professionals. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Juanita made an initial investment of $3000 in a mutual fund. During the first year the value of her investment decreased by 5%, but during the second year
the value increased by 12%.
What was the value of Juanita's mutual fund investment after the first two years?