Question: FIN 311 > Chapter 4 Homework - Time... Problem 6 Intro Your grandmother left you $50,000 that you'll receive when you turn 40 in 20

FIN 311 > Chapter 4 Homework - Time... Problem 6 Intro Your grandmother left you $50,000 that you'll receive when you turn 40 in 20 years. Since you'd rather have some money now, you want to sell your claim to the inheritance. Part 1 IB Attempt 1/6 for 10 pts. What is the minimum amount that you should sell your claim for now if the interest rate is 5%? 0+ decimals Submit Show all parts

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