SOLUTION: Brent Pickett borrowed ​$8000 from his brother Dave. He agreed to repay the money at the end of 4 ​years, giving Dave the same amount of interest that he would have received if

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Question 1136710: Brent Pickett borrowed ​$8000 from his brother Dave. He agreed to repay the money at the end of 4 ​years, giving Dave the same amount of interest that he would have received if the money had been invested at 1.75​% compounded quarterly. How much money did Brent repay his​ brother?
Answer by ikleyn(52818)   (Show Source): You can put this solution on YOUR website!
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How much money did Brent repay his​ brother =  = 8578.76  dollars.    ANSWER


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