Question
Your parents are giving you $215 a month for 4 years while you are in college. At an interest rate of .35 percent per month,
Your parents are giving you $215 a month for 4 years while you are in college. At an interest rate of .35 percent per month, what are these payments worth to you when you first start college?
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Get StartedRecommended Textbook for
Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
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