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FIN 311 > Chapter 4 Homework - Time ... Problem 10 Intro You know that you'll inherit $20,000 in 15 years. Part 1 Attempt 1/6

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FIN 311 > Chapter 4 Homework - Time ... Problem 10 Intro You know that you'll inherit $20,000 in 15 years. Part 1 Attempt 1/6 for 10 pts. If you borrow $5,000 now and plan to pay it off with the money you'll inherit, what is the highest annual interest rate you can afford on the loan? 3+ decimals Submit

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