Question: Your parents are giving you $205 a month for 4 years while you are in college. At an interest rate of .48 percent per month,
Your parents are giving you $205 a month for 4 years while you are in college. At an interest rate of .48 percent per month, what are these payments worth to you when you first start college in one month?
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1 Number of periods 4 12 48 Present value Monthly ... View full answer
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