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A group of private imvestors borrowed $31 million to buld 350 new fuxury apartments near a large university. The moriey was borroyed at 4% annisal

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A group of private imvestors borrowed $31 million to buld 350 new fuxury apartments near a large university. The moriey was borroyed at 4% annisal initerest, and the loan is to be repaid in equal annual amouints over a 35 -yoar period. Asnual operating, maintenance, and irisurancer expenses are estimated to be S4,000 per. apartment. This expense will be incurred even if an apartiment is vacant. The rontal fee for each apartment will be $12,000 per year, and the worst-case occupsincy rate is projected to be 90%. Investigate the sensitivity of annual profit (or loss) to (a) changes in the occupancy rafe and (b) changes in the aninual rental foe Click the icon to view the interest and annuity table for discrete compounding when the MARR is 4% per year. Complete the table below. (Round to the nesarest thousands.) A group of private imvestors borrowed $31 million to buld 350 new fuxury apartments near a large university. The moriey was borroyed at 4% annisal initerest, and the loan is to be repaid in equal annual amouints over a 35 -yoar period. Asnual operating, maintenance, and irisurancer expenses are estimated to be S4,000 per. apartment. This expense will be incurred even if an apartiment is vacant. The rontal fee for each apartment will be $12,000 per year, and the worst-case occupsincy rate is projected to be 90%. Investigate the sensitivity of annual profit (or loss) to (a) changes in the occupancy rafe and (b) changes in the aninual rental foe Click the icon to view the interest and annuity table for discrete compounding when the MARR is 4% per year. Complete the table below. (Round to the nesarest thousands.)

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