Please help solve part A and B

A group of private investors borrowed $29 million to build 290 new luxury apartments near a large university. The money was borrowed at 7% annual interest, and the toan is to be repaid in equal annual amounts (principal and interest) over a 35 -year pericd. Annual operating, maintenance, and insurance expenses are estimoted to be $3,500 per apartment, and these expenses are incurred independently of the occupancy rate for the apartments. The rental fee for each apartment will be $13,000 per year, and the worst-case occupancy rate is projected to be 80%. a. How much profit (or loss) will the investors make each year with 80% occupancy? b. Repeat Part (a) when the occupancy rate is 95%. Click the icon to view the interest and annuity table for discrete compounding when the MARR is T\% per year: a. The profit (or loss) that the investors will make each year with 80% occupancy is million dollars per year. (Round to three decimal places ) \begin{tabular}{lllllll} \hline 10 & 1.9672 & 0.5083 & 13.8164 & 7.0236 & 0.0724 & 0.1424 \\ \hline 11 & 2.1049 & 0.4751 & 15.7836 & 7.4987 & 0.0634 & 0.1334 \\ 12 & 2.2522 & 0.4440 & 17.8885 & 7.9427 & 0.0559 & 0.1259 \\ 13 & 2.4098 & 0.4150 & 20.1406 & 8.3577 & 0.0497 & 0.1197 \\ 14 & 2.5785 & 0.3878 & 22.5505 & 8.7455 & 0.0443 & 0.1143 \\ 15 & 2.7590 & 0.3624 & 25.1290 & 9.1079 & 0.0398 & 0.1098 \\ \hline 16 & 2.9522 & 0.3387 & 27.8881 & 9.4466 & 0.0359 & 0.1059 \\ 17 & 3.1588 & 0.3166 & 30.8402 & 9.7632 & 0.0324 & 0.1024 \\ 18 & 3.3799 & 0.2959 & 33.9990 & 10.0591 & 0.0294 & 0.0994 \\ 19 & 3.6165 & 0.2765 & 37.3790 & 10.3356 & 0.0268 & 0.0968 \\ 20 & 3.8697 & 0.2584 & 40.9955 & 10.5940 & 0.0244 & 0.0944 \\ \hline 21 & 4.1406 & 0.2415 & 44.8652 & 10.8355 & 0.0223 & 0.0923 \\ 22 & 4.4304 & 0.2257 & 49.0057 & 11.0612 & 0.0204 & 0.0904 \\ 23 & 4.7405 & 0.2109 & 53.4361 & 11.2722 & 0.0187 & 0.0887 \\ 24 & 5.0724 & 0.1971 & 58.1767 & 11.4693 & 0.0172 & 0.0872 \\ 25 & 5.4274 & 0.1842 & 63.2490 & 11.6536 & 0.0158 & 0.0858 \\ \hline 30 & 7.6123 & 0.1314 & 94.4608 & 12.4090 & 0.0106 & 0.0806 \\ 35 & 10.6766 & 0.0937 & 138.2369 & 12.9477 & 0.0072 & 0.0772 \\ 40 & 14.9745 & 0.0668 & 199.6351 & 13.3317 & 0.0050 & 0.0750 \\ 45 & 21.0025 & 0.0476 & 285.7493 & 13.6055 & 0.0035 & 0.0735 \\ 50 & 29.4570 & 0.0339 & 406.5289 & 13.8007 & 0.0025 & 0.0725 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{7}{|c|}{ Discrete Compounding; i=7%} \\ \hline & \multicolumn{2}{|c|}{ Single Payment } & \multicolumn{4}{|c|}{ Uniform Series } \\ \hline * & \begin{tabular}{c} Compound \\ Amount \\ Factor \end{tabular} & \begin{tabular}{c} Present \\ Worth Factor \end{tabular} & \begin{tabular}{c} Compound \\ Amount \\ Factor \end{tabular} & \begin{tabular}{c} Present \\ Worth Factor \end{tabular} & \begin{tabular}{c} Sinking \\ Fund \\ Factor \end{tabular} & \begin{tabular}{c} Capital \\ Recovery \\ Factor \end{tabular} \\ \hlineN & \begin{tabular}{c} To Find F \\ Given P \\ FIP \end{tabular} & \begin{tabular}{c} To Find P \\ Given F \\ PIF \end{tabular} & \begin{tabular}{l} To Find F \\ Given A \\ FIA \end{tabular} & \begin{tabular}{c} To Find P \\ Given A \\ PIA \end{tabular} & \begin{tabular}{c} To Find A \\ Given F \\ A/F \end{tabular} & \begin{tabular}{c} To Find A \\ Given P \\ A/P \end{tabular} \\ \hline 1 & 1.0700 & 0.9346 & 1.0000 & 0.9346 & 1.0000 & 1.0700 \\ \hline 2 & 1.1449 & 0.8734 & 2.0700 & 1.8080 & 0.4831 & 0.5531 \\ \hline 3 & 1.2250 & 0.8163 & 3.2149 & 2.6243 & 0.3111 & 0.3811 \\ \hline 4 & 1.3108 & 0.7629 & 4.4399 & 3.3872 & 0.2252 & 0.2952 \\ \hline 5 & 1.4026 & 0.7130 & 5.7507 & 4.1002 & 0.1739 & 0.2439 \\ \hline 6 & 1.5007 & 0.6663 & 7.1533 & 4.7665 & 0.1398 & 0.2098 \\ \hline 7 & 1.6058 & 0.6227 & 8.6540 & 5.3893 & 0.1156 & 0.1856 \\ \hline 8 & 1.7182 & 0.5820 & 10.2598 & 5.9713 & 0.0975 & 0.1675 \\ \hline 9 & 1.8385 & 0.5439 & 11.9780 & 6.5152 & 0.0835 & 0.1535 \\ \hline 10 & 1.9672 & 0.5083 & 13.8164 & 7.0236 & 0.0724 & 0.1424 \\ \hline 11 & 2.1049 & 0.4751 & 15.7836 & 7.4987 & 0.0634 & 0.1334 \\ \hline 12 & 2.2522 & 0.4440 & 17.8885 & 7.9427 & 0.0559 & 0.1259 \\ \hline 13 & 2.4098 & 0.4150 & 20.1406 & 8.3577 & 0.0497 & 0.1197 \\ \hline 14 & 2.5785 & 0.3878 & 22.5505 & 8.7455 & 0.0443 & 0.1143 \\ \hline \end{tabular}