You figure that the total cost of college will be $ 80,000 per year 12 years from today If your discount rate is 7 compounded monthly, what is the present value today of four years of college costs starting 12 years from today

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You figure that the total cost of college will be $ 80,000 per year 12 years from today. If your discount rate is 7 %

You figure that the total cost of college will be $ 80,000 per year 12 years from today. If your discount rate is 7 % compounded monthly, what is the present value today of four years of college costs starting 12 years from today?

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