A mortgage loan in the amount of $1, 150,000 is made on a 120-unit apartment building. The interest rate on the loan is 12 percent interest. Payments are to be made monthly. A. What will monthly payments be if: i. The term of the loan is 20 years and fully amortizing? ii. The term of the loan is 20 years, with Interest only for 2 years, then fully amortizing thereafter? iii. If the term of the loan is 10 years and the amortization period is 20 years? B. What will the loan balance be after 10 years in each of the scenarios (ii) and (iii) above? In one sentence, explain the difference, if any. C. If the lender charges 2 points on the $1, 150,000 loan what is the net amount the borrower receives? D. If the apartment generates net operating income of $175,000 in year 1, what is the estimated debt service coverage ratio on an annual basis in each of the scenarios in (A). E. If the $1, 150,000 loan is based on a LTV criteria of 80%, what is the initial value of the property? F. If the property value calculated in (E) is growing at a compound annual rate of 5.00% what will be the estimated value in 10 years? G. Assume that the NOI stated in (D) is growing at 4% annually and the property can be sold in ten years at the calculated price in (F), the selling broker charges 5% of the value and the investor pays off the mortgage balance based on the loan terms in (A) (iii). Prepare a schedule of projected NOI and determine the investor's expected before tax internal rate of return