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Your parents are giving you $290 a month for 4 years while you are in college. At a 5 percent discount rate, what are these

Your parents are giving you $290 a month for 4 years while you are in college. At a 5 percent discount rate, what are these payments worth to you when you first start college?

$10,170.00

$12,293.66

$13,920.00

$12,931.66

$12,592.66

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