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):
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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?
