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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 Vijay Dohare
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8.1k points

1 Answer

3 votes

Answer:

The answer would be the second option, $424.00

answered
User Niladry Kar
by
8.1k points
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