Answer :

$424 because $400×6/100×1=$24 which is added to $400
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Answer:

Total value of investment  = 424$

Step-by-step explanation:

Money invested = 400 $

Rate of increase per year = 6%

Time for invested = 1 year

Benefit after 1 year [tex]=\frac{400\times 6}{100}\times 1=24\$[/tex]

Total value of investment = Money invested + Benefit

Total value of investment = 400 + 24 = 424$

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