acct real estate class

Question 21 4 pts If EGI is $900,000 and NOI is 60% of EGI, the application of a 6.0% cap rate results in what valuation? $9,200,000 $9,000,000 $8,900,000 $9,100,000 Question 22 4 pts Assume a valuation of $5,500,000 based on a NOI $325,000. If NOI is 50% of EGI, what is the amount of EGI? $650,000 $675,000 $600,000 $625,000