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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

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User Rematnarab
by
8.9k points

2 Answers

4 votes

Answer: The Answer would be Option B: 424.00

answered
User RTigger
by
8.1k points
1 vote
The total value would be the amount he put in plus the amount he earns in interest. The answer should be 424
answered
User Naou
by
7.7k points
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