Question: Consider the table above, which summarizes monthly construction draws and sales revenues. What is the percent of lot sales rever needs to be used to
Consider the table above, which summarizes monthly construction draws and sales revenues. What is the percent of lot sales rever needs to be used to repay the loan? Consider a discount rate of 12% per year. 118.64% 83.16% 12.00% 73.65% 84.29%
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