SOLUTION: Your grandmother is gifting you $215 a month for four years while you attend college to earn your bachelor's degree. At a 8.5 percent discount rate, what are these payments worth t
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Question 1049630: Your grandmother is gifting you $215 a month for four years while you attend college to earn your bachelor's degree. At a 8.5 percent discount rate, what are these payments worth to you on the day you enter college?
Found 2 solutions by advanced_Learner, MathTherapy:
Answer by advanced_Learner(501) (Show Source): You can put this solution on YOUR website!
Answer by MathTherapy(10552) (Show Source): You can put this solution on YOUR website!
Your grandmother is gifting you $215 a month for four years while you attend college to earn your bachelor's degree. At a 8.5 percent discount rate, what are these payments worth to you on the day you enter college?
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