#7

A. If you invest $20,000 and it grows at an annual rate of 8% compounded continuously, how many years will it take to grow to $40,000?

B. What is the mortgage payment for a $200,000 loan @ 6% for 30 years?

C. What is the payoff/end-of-period balance of the $200,000 loan after 74 months?

D. What is the present value of a property with NOI = $80,000 that is expected to grow at 2% per year and the owner desires a 10% return?