Register

If 400$ is invested at the rate of 6% for one year. What will be the value of the investment (the amount) A) $42.40 B)$424.00 C)$4,240.00

If 400$ is invested at the rate of 6% for one year. What will be the value of the investment (the amount) A) $42.40 B)$424.00 C)$4,240.00
asked 172k views
3 votes
If 400$ is invested at the rate of 6% for one year. What will be the value of the investment (the amount)

A) $42.40
B)$424.00
C)$4,240.00

asked
User Nimit Pattanasri
by
8.6k points

1 Answer

1 vote
Hi there

The answer is
A=400×(1+0.06)
A=424

So it's b

Good luck!
answered
User Cappittall
by
8.3k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!