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If $400 is invested at the rate of 6% for one year, what will be the total value of the investment (the amount)? $42.40 $424.00 $4,240.00
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If $400 is invested at the rate of 6% for one year, what will be the total value of the investment (the amount)?

$42.40
$424.00
$4,240.00

User Jesper We
by
8.7k points

2 Answers

2 votes
Total value
400+(400×0.06)
=424
User GavinBurke
by
7.5k points
5 votes
........It's $424.00
User Saturi
by
8.0k points
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