10. What is the periodic payment for a $100,000 mortgage with monthly payments at 10.5% and a $13,000 balloon payment due at end of year 202 a. $ 982.34 b. S 909.57 I c. $1,002.99 d. $1,075.33 PART TWO Zoom Class recording, November 30, 2020 Cash Flow Model Power Point - Slides 90-102 Chapter 20: Income Taxation and Value Excel Financial Calculator: Tabs 3, 4,6,7 Multiple Choice from Chapter 20 11. The direct ownership of commercial real estate produces cash flows from rental operations, and cash flow from an eventual sale of the property. Financial leverage and tax considerations play an important part in determining an investor's returns, the measure of investment value most relevant to investors is the present value of . Before Tax Cash Flow (BTCF) . After Tax Cash Flow (ATCF) Net operating income (NOI) D Net sale proceeds (NSP) 12 Investors are permitted to reduce the amount of the taxable income they report by an amount that is intended to reflect the wear and tear of an asset over time. This is commonly referred to a appreciation B capital mains Joan con amortization D depreciation