Your parents are giving you $205 a month for 4 years while you are in college. At

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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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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: Nov 10, 2022 07:42 AM

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Your parents are giving you $205 a month for 4 years while you are in college. At

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1 Number of periods 4 12 48 Present value Monthly ... View the full answer

Intermediate Accounting

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