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Annuity due Reginald is about to lease an apartment for 30 months. The landlord wants him to make the lease payments at the start of

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Annuity due Reginald is about to lease an apartment for 30 months. The landlord wants him to make the lease payments at the start of the month. The monthly payments we $1,100 per month. The landlord says he willow Rep to prepay the rent for the entire base with a discount. The one-time payment due at the beginning of the lease is $29,067. What is the impled monthly discount rate for the rent? If Reg is coming 1.4% on his savings monthly, should be pay by month or make the one-time payment What is the impled monthly discount rate for the rent? * (Round to two decimal places) Regis coming 14% on his savings monthly, should he pay by month or take the one-time payment? (Select the best response) O A He should pay by month since the impled rate is higher than the savingsrate OB. He should pay by month since the implied rate is lower than the savings rate. OC. He should take the one-time payment since the implied rate is lower than the savings rate OD. He should take the one-time payment since the impled wie is higher than the savings role Click to select your newers DU 80 SW esc + 3 % 5 @ 2 & 7 C 9 0 dele 8 4 6 U 0 P

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