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Homeworkbelike1

424 is your answers to this problem

sqdancefan

Answer:

  424

Step-by-step explanation:

The formula for the value of an amount P invested at simple interest rate r for t years is ...

  A = P(1 +rt)

Using the given values, we get ...

  A = 400(1 +0.06·1) = 424

The total of the investment will be 424.