Using a discount rate of 6% compounded monthly, calculate the present value of monthly payments of $325

Question:

Using a discount rate of 6% compounded monthly, calculate the present value of monthly payments of $325 for 7_1 years if the payments are made:
a. At the end of each month?
b. At the beginning of each month?
c. By what percentage does the answer to Part (b) exceed the answer to Part (a)?

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