The Original Investment in a Mutual Fund Was $ 9,000

Multiple Choice

The original investment in a mutual fund was $ 9,000 . The value of the mutual fund after 1 year was $ 11,670 . Find the increase in value of the investment. Note: Use the formula A = P + I , where A is the value of the investment after 1 year, P is the original investment, and I is the increase in value of the investment. ​

A) $ 2,670
B) $ 2,669
C) $ 20,670
D) $ 2,869
E) $ 2,471