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Your grandmother is gifting you $9,500 a year for four years while you attend college to earn your bachelor's degree. At a 6.25 percent discount
Your grandmother is gifting you $9,500 a year for four years while you attend college to earn your bachelor's degree. At a 6.25 percent discount rate, what are these payments worth to you on the day you enter college? Which value is the question asking you to compute
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