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Your parents are giving you $190 a month for 4 years while you are in college. At an interest rate of .45 percent per month,

Your parents are giving you $190 a month for 4 years while you are in college. At an interest rate of .45 percent per month, what are these payments worth to you when you first start college?

  • $7,912.94
  • $7,776.51
  • $10,154.49
  • $8,185.80
  • $8,032.64

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