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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,

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?

$10,740.95

$8,576.21

$8,147.40

$8,416.52

$8,290.33

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