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How much must you invest at 8 interest in order to see your investment grow to 8000 in 10 years?

How much must you invest at 8 interest in order to see your investment grow to 8000 in 10 years?
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How much must you invest at 8 interest in order to see your investment grow to 8000 in 10 years?

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User ESala
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1 Answer

2 votes
P=8000/(1+0.08)^10==3,705.55
answered
User Cojocar
by
8.5k points
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