Q1 and Q2 are answered just Q3 is missing. Another tutor had answered the ones prior.

Present and Future Values, Annuities Chapt. 10, Project Use Appendix G as needed. Q1. How much should be set aside at the end of each year from Year 1 to Year 20, to achieve a future amount of $300,000 assuming the interest rate earned is 5%. What would be the amount needed to be set aside each year if the interest rate is 6%? Q2. Assume you got a $200,000 30 year mortgage at a yearly rate of 4%. a. Calculate your yearly payment. b. Calculate the mortgage balance at the end of 9 years using a simple formula. Q3. In the example shown in figure 12.2a, assume the vacancy rate is 20%. Assume the expense ratio is now at 25%; a. Calculate the NOI, the value V assuming the same capitalization rate R value of 9.5% b. Assuming the mortgage approved is also is 75% of the value as in Figure 12.2a, what is the new mortgage loan value? c. Assuming a 30 year yearly mortgage at 7%, what is the annual payment on the mortgage