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Mathematics 11 Online
OpenStudy (anonymous):

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

Parth (parthkohli):

\(\color{Black}{\Rightarrow 400(1 + 0.06) }\)

Parth (parthkohli):

If it'd have been for the interest, I wouldn't have put that '1'.

OpenStudy (anonymous):

these are my answers to choose from $42.40 $424.00 $4,240.00

Parth (parthkohli):

Yeah. What is \(400 \times 1.06\)?

OpenStudy (anonymous):

426

Parth (parthkohli):

It's actually 424

Parth (parthkohli):

You're welcome :/

OpenStudy (anonymous):

haha thanks(: and opps

Parth (parthkohli):

lol

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