Question: Please solve Question 24 and 25 both please please please 24. A lender requires a minimum 1.25 debt coverage ratio and will loan you money

Please solve Question 24 and 25 both please please please
24. A lender requires a minimum 1.25 debt coverage ratio and will loan you money at 8%. annual payments for 10 years. If the annual net operating income on your property is $500,000 what is the maximum amount of money the lender will loan you and still satisfy the debt coverage ratio? Assume a normal amortizing loan. 25. Suppose you have a real estate investment that your NOI for the current year is $400,000, Your lender requires a 20 percent participation in any NOI above $250,000. If your normal debt service (without the participation portion) is $100,000, what is your BTCF for the year
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