...earn at least $1000 in interest? 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.)
depends...how often is it compounded? assuming annual compounding. it would be about $3,850 after three years at 8% compounded annually you'd have $4,849.89, so $1,000 in interest.