Mathematics, 01.09.2020 19:01 Loveland56

20. What is the least amount of principal you can invest at an 8% interest rate to earn at least $1000 in interest in 3 years?(Round your answer to the nearest dollar.) A. $240
B. $5167
C. $20000
D. $4167
E. $6367
F. cannot be determined

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20. What is the least amount of principal you can invest at an 8% interest rate to earn at least $1000 in interest in 3 years?(Round your answer to the nearest dollar.) A. $240 B. $5167 C. $20000 D. $4167 E. $6367 F. cannot be determined

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Another question on Mathematics

20. What is the least amount of principal you can invest at an 8% interest rate to earn at least $1000 in interest in 3 years?(Round your answer to the nearest dollar.) A. $240
B. $5167
C. $20000
D. $4167
E. $6367
F. cannot be determined