Brent Pickett borrowed 4000 from his brother Dave He agreed to repay the money at...

70.2K

Verified Solution

Question

Basic Math

image

Brent Pickett borrowed 4000 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 Brent repaid his brother Round to the nearest cent as needed TECHN

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students