Register
John is planning for retirement and wants to have an interest income of $3000 a year. How much Must he invest for one year at 8% interest
30.8k views
24 votes
John is planning for retirement and wants to have an interest income of $3000 a year. How much Must he invest for one year at 8% interest

User Adeleke
by
4.7k points

1 Answer

8 votes

Answer:

240

Explanation:

User Malls
by
5.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

What is the value of x? (-4) - x = 5
1/7 + 3/14 equivalent fractions
185g in the ratio 2:3
(3x1,000,000)+(3x100,000)+(2x100) what is this number written in standard form?
Which of the following would be a good name for the function that takes the length of a race and returns the time needed to complete it? A. Time(race) B. Length(time) C. Length(cost) D. Year(time) E. Cost(time)
Link Copied!