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Your parents are giving you $200 a month for 4 years while you are in college. At an interest rate of 47 percent per month,

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Your parents are giving you $200 a month for 4 years while you are in college. At an interest rate of 47 percent per month, what are these payments worth to you when you first start college? You are going to deposit $4,000 in an account that pays.46 percent interest compounded monthly. How much will you have in 8 years

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