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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

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
asked 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

asked
User Adeleke
by
7.9k points

1 Answer

8 votes

Answer:

240

Explanation:

answered
User Malls
by
8.0k points
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