1. Your business customer has approached you for a loan to invest in a $450,000,000 shopping center/hotel complex. How much Net Income must the business show if the loan approval says that the loan will have a 5-year maturity, based upon a 25-year amortization, at a rate of 5.25%, with a 25% down payment, and the DSC must be 1.25x the Quarterly Payments.

2. In the alternative, the business customer above indicated that their Annual Net Income was actually $85,000,000. What is the maximum building cost that the customer can afford under the same terms as above?

3. What is the Total Amount of Interest Paid if the loan goes for 25 years?