You own a construction and real estate company. You are building a new office building. The cost of the building is going to be $6,000,000. Your down payment is $250,000. Your bank gave you an interest rate of 4%, compounded monthly.

This is the first questions with the answers, thank you:

You own a construction and real estate company. You are building a new office building. The cost of the building is going to be $6,000,000. Your down payment is $250,000. Your bank gave you an interest rate of 4%, compounded monthly. Question 1 What is your monthly payment for a 30 year mortgage? Question 2 There will be 40 units in the building, of which four will have a conference room making them 25% larger than the other units will. What is the rent that you need to charge per unit (office & office with conference room) to make your mortgage payment? The larger units rent must be proportional to their size. Question 3 What is the rent you need to charge for the different units if you want a 50% monthly profit. You own a construction and real estate company. You are building a new office building. The cost of the building is going to be $6,000,000. Your down payment is $250,000. Your bank gave you an interest rate of 4%, compounded monthly. Question 1 What is your monthly payment for a 30 year mortgage? Question 2 There will be 40 units in the building, of which four will have a conference room making them 25% larger than the other units will. What is the rent that you need to charge per unit (office & office with conference room) to make your mortgage payment? The larger units rent must be proportional to their size. Question 3 What is the rent you need to charge for the different units if you want a 50% monthly profit