A contract requires lease payments of $$600$ at the beginning of every month for $9$ years.

a$.$ What is the present value of the contract if the lease rate is $4\mathrm{.}68\%$ compounded annually?

Round to the nearest cent

b$.$ What is the present value of the contract if the lease rate is $4\mathrm{.}68\%$ compounded daily?

Round to the nearest cent