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Goumd is ben dernai plooks) estion list K. Annuity due. Reginald is about to lease an apartment for 18 montiss. The landlord wants him to

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Goumd is ben dernai plooks) estion list K. Annuity due. Reginald is about to lease an apartment for 18 montiss. The landlord wants him to make the lease payments at the start of the month. The monthly payments are $1,300 per month The landlord says he will ailow Reo to prepay the rent for the entire lease with a discount. Tho one-time payment due at the beginning of the lease is $21.886. What is the implied monthly discount rate for the rent? If Reg is earning 0.6% on his sovings monthiy should he pay by month or make the one-time payment? Question 7 Question 8 What is the implied monthly discount rate for the tent? Question 9 Question 10 Question 11 Question 12 Question 13

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