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19 March, 15:17

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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  1. 19 March, 15:46
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    6% = 0.06

    400 * 0.06 = 24

    400 + 24 = 424

    Answer is $424 total value invest in one year with 6% rate
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