Your parents give you $120 per week for living expenses while you are doing a three-year degree in finance.If the interest rate is 6.5% per annum,what is this cash flow worth when you start your degree?
A)$15 125
B)$16 998
C)$26 026
D)$27 330

Question

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The Answer of Your parents give you $120 per week for living expenses while you are doing a three-year degree in finance.If the interest rate is 6.5% per annum,what is this cash flow worth when you start your degree?
A)$15 125
B)$16 998
C)$26 026
D)$27 330

Your Parents Give You $120 Per Week for Living Expenses