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Your sister has been told to budget $900. $1,200, $1,200, $1,000 for books and basic supplies for her four years at college. Assume that the

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Your sister has been told to budget $900. $1,200, $1,200, $1,000 for books and basic supplies for her four years at college. Assume that the first payment will be made in one year. If the discount rate is 6%, what is the present value of these anticipated payments? $4.088.63 $3,804.89 $3.995.38 $3.716.69 $3,765.28

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