Multiple Choice
Your parents are giving you $100 a month for four years while you are in college. At a 6% discount rate,what are these payments worth to you when you first start college?
A) $3,797.40
B) $4,167.09
C) $4,198.79
D) $4,258.03
E) $4,279.32
Correct Answer:
Verified
Correct Answer:
Verified
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