SOLUTION: How much do u have to invest for 3 years at 10% interest to earn $345?

Algebra.Com
Question 1041065: How much do u have to invest for 3 years at 10% interest to earn $345?

Answer by Alan3354(69443)   (Show Source): You can put this solution on YOUR website!
Depends on the compounding period, if any.
=====================
Sounds like a waste of time for so little money.
What might you do with $115/year?

RELATED QUESTIONS

How much do you invest at 4.6% simple interest in order to earn $90 interest in 3... (answered by josgarithmetic)
How much should you invest at 3.4% simple interest in order to earn $50 interest in 10... (answered by MathLover1)
How much money would I need to invest for 8 years at 5 1/2% simple interest to earn... (answered by rfer)
How much money would I need to invest for 8 years at 5 1/2% simple interest to earn... (answered by fractalier)
How much do you need to invest in order to earn $10000 if you have been offered 3% for 2... (answered by josgarithmetic)
How much principal, invested at 8% annual interest for 3 years, is needed to earn... (answered by solver91311)
How much money would I need to invest for 8 years at 5 and half percent simple interest... (answered by josmiceli)
how much money would have had to be invested to earn $436 simple interest at 1 percent... (answered by jim_thompson5910)
How much should you invest at 3.6% simple interest in order to earn $65 interest in 15... (answered by ewatrrr)