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):
