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Your parents are giving you $170 a month for 4 years while you are in college. At an interest rate of .41 percent per month,

Your parents are giving you $170 a month for 4 years while you are in college. At an interest rate of .41 percent per month, what are these payments worth to you when you first start college?

A. $8,998.01

B. $7,393.53

C. $7,023.85

D. $7,253.84

E. $7,147.08

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