What are payments worth to you on the day you enter college

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Reference no: EM13944442

Your grandmother is gifting you $100 at the beginning of each month for four years while you attend college to earn your bachelor's degree. At a 6 percent annual interest rate, what are these payments worth to you on the day you enter college?

Reference no: EM13944442

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What are payments worth to you on the day you enter college : Your grandmother is gifting you $100 at the beginning of each month for four years while you attend college to earn your bachelor's degree. At a 6 percent annual interest rate, what are these payments worth to you on the day you enter college?

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