Your parents are giving you $250 a month for 4 years while you are in college. A...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
Your parents are giving you $250 a month for 4 years while you are in college. At an interest rate of .57 percent per month, what are these payments worth to you when you first start college in one month?