A 313 Principles of Finance Angie Sanchez Lopez & | 02/01/20 7:44 PM Homework: Chapter 4 Homework Save core: 0 of 1 pt 148 of 16 (9 complete) HW Score: 55.99%, 8.96 of 16 po P4-13 (similar to) Question Help Annuity due. Reginald is about to lease an apartment for 24 months. The landlord wants him to make the lease payments at the start of the month. The monthly payments are $1,100 per month. The landlord says the will allow Recto prepay the rent for the entire case with a discount. The one-time payment due at the beginning of the lease is $24,393. What is the implied monthly discount rate for the rent? If Regis camning 0.5% on this savings monthly, should he pay by month or make the one-time payment? What is the impied monthly discount rate for the rent? % (Round to two decimal places) Enter your answer in the newer box and then click Check Answer 1 Check Answers Othe F G