Anna receives $150 a month for four years while she attends college to earn a bachelor's degree At a 6 25 percent discount rate compounded monthly, what are these payments worth to you on the day she enters college $4,800 00 $6,355 98 $4,608 87 $4,201 20 $6,789 92 Anna receives $150 a month for four years while she attends college to earn a bachelor's degree At a 6 25 percent discount rate compounded monthly, what are these payments worth to you on the day she enters college $4 800 00 $6,355 98 $4 608 87 $4,20120 $6 789 92

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Question: Anna receives $150 a month for four years while she attends college to earn a bachelor's degree. At a 6.25 percent discount rate compounded monthly,

Anna receives $150 a month for four years while she attends college to earn a bachelor's degree. At a 6.25 percent discount rate compounded monthly, what are these payments worth to you on the day she enters college? $4,800.00 $6,355.98 $4,608.87 $4,201.20 $6,789.92

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