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Your brother has asked you for a loan and has promised to pay you $6000 at the end of three years. If you normally earn

Your brother has asked you for a loan and has promised to pay you $6000 at the end of three years. If you normally earn 7.5% per year, how much will you be willing to lend your brother if you view this purely as a financial transaction(If you dont give your brother a special deal)? (Round to nearest penny) amount to be invested today: image text in transcribed
xT Your answer is incorrect. Try again Your brother has asked you for alan and has premised to pay you S6,000 at the end of three year "you normally invest to earn 7 50 percent per yeac how much-mbe w geo 1 brother ir yo view th dto a. at nancial transaction 0.e yo a doet ve Your brother a spedal deal)? (If you solve this problem with algebra mind Intermediate cakulatiom eo 6 decinal paip, a, aer cases round your fine. Cck if you would like to Show Work for this qwestion: Ocen Show Wock

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