Brent Pickett borrowed ​$5000 from his brother Dave. He agreed to repay the money at the end of 3 ​years, giving Dave the same amount of interest that he would have received if the money had been...


Brent Pickett borrowed ​$5000 from his brother Dave. He agreed to repay the money at the end of 3 ​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




Jun 04, 2022
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