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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

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 Rematnarab
by
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2 Answers

4 votes

Answer: The Answer would be Option B: 424.00

User RTigger
by
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The total value would be the amount he put in plus the amount he earns in interest. The answer should be 424
User Naou
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