Question: E MC algo 5-9 Calculating Annuity Present Values Your parents are giving you $240 a month for 4 years while you are in college. At

E MC algo 5-9 Calculating Annuity Present Values Your parents are

E MC algo 5-9 Calculating Annuity Present Values Your parents are giving you $240 a month for 4 years while you are in college. At an interest rate of 9.55 percent per month, what are these payments worth to you when you first start college? Multiple Choice o $13,142.69 o $9,916.09 o $9,763.86 o $9,595.51 o $10,100.54

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