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Your parents are giving you $100 a month for four years while you are in college. At a 6 percent discount rate, what are these

Your parents are giving you $100 a month for four years while you are in college. At a 6 percent discount rate, what are these payments worth to you when you start college? Round to the nearest cent. Do not include any unit (If your answer is $111.11, then type 111.11 without $ sign.)

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