1.Aaron Perry bought an income property for $41 321.00 three years ago. He has held the property for the three years without renting it. If he rents the property now, what should be the size of the monthly payment due in advance be if money is worth 6.24% compounded monthly?

2.- Andre has saved $152 000.00. If he withdraws $1750.00 at the beginning of every month and interest is 7.5% compounded monthly, what is the size of the last withdrawal?