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Your grandmother will be gifting you $ 1 5 0 at the end of each month for four years while you attend college. At an

Your grandmother will be gifting you $150 at the end of each month for four years while you attend college. At an annual discount rate of 3.7 percent, what are these payments worth to you on the day you enter college?
A. $6,201.16
B. $6,539.14
C. $6,608.87
D. $6,682.99
E. $6,870.23

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