Problem $5\mathrm{.}11$: You need another $$20,000$ for a downpayment on a new home. Your rich uncle is willing to loan you the $$20,000,$ but with the understanding that you will repay him $$30,000$ in $5$ years. You are not sure of the interest rate used, but your uncle has indicated he is using quarterly compounding.

If you took this loan, what annual interest rate with quarterly compounding would you be paying on it$?$

$\backslash$table$[[$PV$,],[i,],[$nper$,],[m,],[FV,]]$

Annual