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 monthy payments are $1,600 per mor The landlord says he will allow Reg to prepay the rent for the entire lease with a discount. The one-time payment due at the beginning of the lease is $43,462. What is the implied monthy disco rate for the rent? if Reg is earning 0.5% on his savings monthly, should he poy by month or make the one-time payment? What is the impled montrly discount rale for the rent? (Round to two decimal places.)