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Your grandmother will be gifting you $110 at the end of each month for four years while you attend college. At a discount rate of
Your grandmother will be gifting you $110 at the end of each month for four years while you attend college. At a discount rate of 4.2 percent, what are these payments worth to you on the day you enter college?
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A Study In Public Finance
Authors: A. C. Pigou
1st Edition
1443722766, 978-1443722766
