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You are purchasing a property with an NOI of $200,000. The lender will loan you funds at 4.5% at a 1.25 Debt Coverage Ratio with

You are purchasing a property with an NOI of $200,000. The lender will loan you funds at 4.5% at a 1.25 Debt Coverage Ratio with monthly payments for 20 years. What are the monthly payments? a. $13,759.23 b. $13,900.00 c. $13,888.89 d. $14,128.39

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