You decide to try the carry trade. The one$-$year interest rate in the eurozone is $8\%$ and $10\%$ in the UK$.$ The spot rate is $1\mathrm{.}15/.$ You borrow $3$ million for one year.If the spot rate in one year is $1\mathrm{.}1270/,$ what are your profits $/$ losses?

the answer is $-6000$ but I want to know the steps