9. 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? 10. How much money is required today to fund an 8-year annuity earning 4.5% compounded quarterly where the first monthly payment will be $3500 and each payment will grow by 0.5%