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23. Green Realty Inc. has obtained a loan to purchase an apartment building. The loan amount is $2,500,000. The annual interest rate is 5%. The

23.Green Realty Inc. has obtained a loan to purchase an apartment building. The loan amount is $2,500,000. The annual interest rate is 5%. The amortization period is 30 years. The loan term is 5 years.What is the monthly payment for this loan?

Select one:

A. $50,259.34

B. $16,971.25

C. $13,420.54

D. $47,178.08

16.The value of your house (your primary residence) is $305,000. The lot value is $65,000. The depreciation recapture rate is 25%. How much can you deduct in depreciation per year from your taxable income?

Select one:

A. $0

B. $58,250

C. $60,000

D. $76,250

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