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If a $10,000 investment earns a 4 % annual return, what should its value be after one year? A. $100 B. $10,000 C. $400 D. $10,400 E. $4,000

If a $10,000 investment earns a 4 % annual return, what should its value be after one year? A. $100 B. $10,000 C. $400 D. $10,400 E. $4,000
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1 vote
If a $10,000 investment earns a 4 % annual return, what should its value be after one year? A. $100

B. $10,000
C. $400
D. $10,400
E. $4,000

asked
User Nicktruesdale
by
8.1k points

1 Answer

1 vote
The calculation is $10,000 x 1.04 = $10,400. The answer is D.
answered
User Gira
by
8.1k points
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