I do not really understand this. I have the formula down for both the Operating NOI and Residual for year 0. but I don't know what years 1 through 5 will be?

Thank you

Use the Operating NOI in Year 5 grows by 3.0% in the Residual Year. What is the Residual Value assuming a 10% cap rate? I 2 4 Residual 0 $220,564.20 $3,245,444.66 3 $220,564.20 5 $214,140 $220,564.20 $220,564.20 Operating NOI Residual $220,564.20