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Please Help Me!!!!!!!

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

2 Answers

5 votes

Answer:

F. cannot be determined

Explanation:

not enough information

User Suman
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2 votes
cannot be determined is the answer.
User Tverrbjelke
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