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Your grandmother will be gifing you $120 at the end of each month for four years while you attend college. At a discount rate
Your grandmother will be gifing you $120 at the end of each month for four years while you attend college. At a discount rate of 3.9 percent, what are these payments worth to you on the day you enter college (Do not round intermediate calculations and round your answer to 2 decimal places, eg, 32.16) Note: It is highly recommended to use Excel (or Google Sheets) or a financial calculator to solve this problem
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