Question 8 (3 points) Your parents are giving you $300 a month for four years while you are in college. At a 6% annual discount rate (i.e., 0.5% monthly discount rate), what are these payments worth to you when you first start college (i.e., calculating the present value of these monthly payments during the 4-year period)? A) $4,258.03 B) $12,774.1 C) $4,198.79 D) $10,258.1