You are a real estate owner in Bloomington Indiana and you have rented a house to students. You expect to make 9% per year on this leasehold investment. The terms of the lease are $2800/ month for 24 months and the rent is due at the beginning of the month. Your savvy renters are Kelley students and they request that the rent be paid, instead, at the end of the month. How much more valuable is the lease contract to you if payments are made at the beginning of the month rather than the student's proposed payments at the end of the month? Multiple Choice $459.67 $1408.49 $2446.07 $162.67 $1800