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You borrow 75,000 for 30 years at 11% interest compounded annually the value of the property is 100,000, PGI =20,000, vacancy rates are 8%, and

  • You borrow 75,000 for 30 years at 11% interest compounded annually the value of the property is 100,000, PGI =20,000, vacancy rates are 8%, and operating expenses are $8100.Calculate the mortgage constant

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