# SOLUTION: 3 years ago i invested some money at 10% interest, I now have \$1000 in the account. If the interest is compounded yearly, how much did i deposit 3 years ago?

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 Click here to see ALL problems on Money Word Problems Question 609052: 3 years ago i invested some money at 10% interest, I now have \$1000 in the account. If the interest is compounded yearly, how much did i deposit 3 years ago?Answer by ewatrrr(10682)   (Show Source): You can put this solution on YOUR website! ``` Hi 3 years ago i invested some money at 10% interest, compounded yearly,now have \$1000 In General A = Accumulated Amount = 1,000 P= principal = P r= annual rate = .10 n= periods per year = 1 t= years = 3 = \$751.31 ```