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Your grandmother is gifting you $100 a month for four years while you attend college to earn your bachelor's degree. At a 6.69 percent discount

Your grandmother is gifting you $100 a month for four years while you attend college to earn your bachelor's degree. At a 6.69 percent discount rate, what are these payments worth to you on the day you enter college?

Group of answer choices $4,201.20 $4,299.88 $4,316.77 $4,608.87 $4,800.00

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