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how to solve those two problems, kindly I want it to be sloved in written not using excel or financial calculator if its possible MULTIPLE

how to solve those two problems, kindly I want it to be sloved in written not using excel or financial calculator if its possible

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MULTIPLE CHOICE 1. Consider the table above. Assume that the subject property has effective gross income of $53,000 and a NOI of $27,500. What value would a GIM approach yield (rounded to the nearest $100) ? (C) (A) $322,600 (B) $325,600 (C) $328,600 (D) $330,000 2. Consider the table above. Assume that the subject property has effective gross income of $53,000 and a NOI of $27,500. What value would a cap rate approach yield (rounded to the nearest $100) ? (A) (A) $322,600 (B) $325,600 (C) $328,600 (D) $330,000

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