51. Calculating Annuities Due You want to lease a set of golf clubs from Pings Ltd. The lease contract is in the form of 24 equal monthly payments at an APR of 11.2 percent, compounded monthly. Because the clubs cost $2,650 retail, Pings wants the PV of the lease payments to equal $2,650. Suppose that your first payment is due immediatly. What will your monthly lease payment be? Please Show all work! Step by step.