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actic Assignment Gradebook ORION Downlondable Taxtbook gnment FULL SCREEN PRINTER VERSION A BACK NEXT Problem 5.11 Your brother has asked you for a loan and
actic Assignment Gradebook ORION Downlondable Taxtbook gnment FULL SCREEN PRINTER VERSION A BACK NEXT Problem 5.11 Your brother has asked you for a loan and has promised to pay you $6,650 at the end of three years. If you normally Invest to earn 6.50 percent per year, how much will you be willing to lend to your brother if you view this purely as a financial transaction (I.e., you don't give your brother a special deal)? (If you solve this problem with algebra round intermediate calculations to 6 decimal places, in all cases round your final answer to the nearest penny.) Amount to be invested today Click If you would like to show Work for this question: Open Show Work LINK TO TEXT Question Attempts: 0 of 3 used
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