13) A property is sold for $200,000 with 85% financing for 15 years with monthly payments predicated on a 10% annual rate of interest. If the before tax cash flow is $2,000 annually at what cap rate was the property sold? A) 10.96% na 15 B) 11.96% C) 19.13% PY=200,000 D) 9.96% i=10 Lut 2000