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MC algo 6-9 Calculating Annuity Present Values Your parents are giving you $160 a month for 4 years while you are in college. At an
MC algo 6-9 Calculating Annuity Present Values
Your parents are giving you $160 a month for 4 years while you are in college. At an interest rate of .39 percent per month, what are these payments worth to you when you first start college?
Multiple Choice
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$6,858.86
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$8,427.88
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$6,758.54
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$6,642.02
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$6,991.60
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