Your rich uncle has promised to give you $3,000 a year at the end of...

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Accounting

Your rich uncle has promised to give you $3,000 a year at the end of each of the next six years to help you pay for college. Using a discount rate of 4%, what is an equivalent gift that he could give you today? $2,370 B. $10,890 C. $14,751 D. $15,726

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