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1. In a loan of $75,000 @ 30 years @ 7% per annum compounded monthly, the monthly payment will be: (Includes calculations) 2. If the

1. In a loan of $75,000 @ 30 years @ 7% per annum compounded monthly, the monthly payment will be: (Includes calculations)

2. If the GRM (Gross Rent Multiplier) is 5 and a similar building produces a gross income of $25,000 per year, what is the estimated value of that building? Includes calculations.

a. $250,000

b. $125,000

c. $75,000

d. $275,000

e. $30,000

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