Question 6 (1 point) Saved You have just signed a contract for your rental property and you will make monthly payments at the beginning of each month. Your monthly payments is $1000 and the monthly rate is 3% per month. Calculate the present value of your rental payments for the first year. $11367.63 $10786.85 $10252.62 $9760.48 Question 7 (1 point) Saved You buy a laptop for $1200 and the store allows you make quarterly payments. They charge 2% per quarter and loan period is 3 years. How much is your quarterly payment? $163.81