You figure that the total cost of college will be $101,000 per year 18 years from today. If your discount rate is 4% com

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answerhappygod
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You figure that the total cost of college will be $101,000 per year 18 years from today. If your discount rate is 4% com

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You figure that the total cost of college will be $101,000 per
year 18 years from today. If your discount rate is 4% compounded
annually, what is the present value today of four years of college
costs starting 18 years from today?
A. $173,674
B. $188,213
C. $192,844
D. $199,405
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