Your grandmother is gifting you 125 a month for four years, Financial Management

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Your grandmother is gifting you 125 a month for four years

Your grandmother is gifting you $125 a month for four years while you attend college to earn your bachelor's degree. At a 6.5 percent discount rate, what are these payments worth to you on the day you enter college? A. $5,201.16 B. $5,270.94 C. $5,509.19 D. $5,608.87 E. $5,800.00

Please explain what values to plug into the financial calculator

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Financial Management: Your grandmother is gifting you 125 a month for four years

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