You borrow 75000 for 30 years at 11 interest compounded, Ask an Expert

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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 operating expenses are $81,000. What is the Mortgage constant? Please show me the work as well so I can see how you got to your solution.

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Financial Management, Finance

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