SOLUTION: How much principal, invested at 8% annual interest for 3 years, is needed to earn $1000?

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Question 350194: How much principal, invested at 8% annual interest for 3 years, is needed to earn $1000?
Answer by solver91311(24713) About Me  (Show Source):
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Simple interest or compounded? If compounded, how frequently?


John

My calculator said it, I believe it, that settles it
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