Annuity due.  Reginald is about to lease an apartment for 18 months. The landlord wants him to make the lease payments at the start of the month. The monthly payments are 1400$ per month. 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 23,962$. What is the implied monthly discount rate for the rent? If Reg is earning 1.1 % on his savings monthly, should he pay by month or make the one-time payment? What is the implied monthly discount rate for the rent?    enter your response here% (Round to two decimal places.) 2.Discount loan (interest and principal at maturity).  Chuck Ponzi has talked an elderly woman into loaning him 30,000$ for a new business venture. Shehas, however, successfully passed a finance class and requires Chuck to sign a binding contract on repayment of the 30,000$ with an annual interest rate of 11% over the next 10 years. Determine the cash flow to the woman under a discount loan, in which Ponzi will have a lump-sum payment at the end of the contract. Question content area bottom Part 1 What is the amount of payment that the woman will receive at the end of years 1 through 9? $    enter your response here  (Round to the nearest cent.)

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1 To find the implied monthly discount rate for the rent we can use the formula for the present valu... View the full answer