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1- Suppose that you obtain a mortgage loan of 200.000 TL in order to buy an apartment. You would like to give the apartment for
1- Suppose that you obtain a mortgage loan of 200.000 TL in order to buy an apartment. You would like to give the apartment for rent. Your plan is to pay the loan installments with your rent income. That's why, the periodic rent amount must exactly match with periodic installment amounts. The loan agreement has a maturity of 10 years and annual rate of 10%, while the rent agreement ends in 5 years and has an annual rate of 8%. Both agreements require monthly payments. What would be the approximate present value of expected rent payments to you? ho O 130.350 TL O 321560 TL 123.390 TL 102.075 TL Dier
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