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T F 21) Table 3 is used to calculate reserves for replacement. T F 22) Table 4 is used to calculate the present value of
T F 21) Table 3 is used to calculate reserves for replacement. T F 22) Table 4 is used to calculate the present value of annuity payments (rent). T F 23) Table 5 is used to calculate reversions. T F Table 6 is used to calculate mortgage payments. 24) T 25) Valuation of leased fee and leasehold interests are in appraisal F practice restricted to the annuity method of capitalization. T F 26) Step one in the appraisal process is to determine/define the problem. T F 21) Table 3 is used to calculate reserves for replacement. T F 22) Table 4 is used to calculate the present value of annuity payments (rent). T F 23) Table 5 is used to calculate reversions. T F Table 6 is used to calculate mortgage payments. 24) T 25) Valuation of leased fee and leasehold interests are in appraisal F practice restricted to the annuity method of capitalization. T F 26) Step one in the appraisal process is to determine/define the
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