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A group of private investors boriowed $25 million to buld 200 new howiry apartments near a larpe univensity The money was borrywed at 5% repaid

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A group of private investors boriowed $25 million to buld 200 new howiry apartments near a larpe univensity The money was borrywed at 5% repaid in equal anmual amounts over a 50 -year period. Annual opereting. mahtenance, and insurnce expenses are estinated to be 54.500 per apartnunt . Mio irpencen wilf bo incurred even if an apartrnent is vacant. The rental fee for each opartment will be $11,000 per yeat, and the worst case occupancy rate is projected to be Bsilin inverifgate the sensitivity of annual profit (or loss) to (a) changes in the occupancy rate and (b) changes in the annuat rentat fee. Click the icon to view the interest and annuity table for discrete compounding when the MAPR is 5% per year. Complote the table below. (Round to the nearest thousands.) Done 4500 per ageiment This mpento is properted io be aris Vwroligat

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