Please solve using formulas and normal calculator. thank you

16. When you graduate from university, you decide to start a national business by building a social media site to connect local construction companies with the people requiring home construction and renovations. You figure the start-up cost would be $60,000, You decide to take out a 5-year loan with an annual interest rate of 6%. Of course, you also need to earn a salary, and figure $45,000 per year would be reasonable (after all, you have those student loans to pay off as well). How much revenue does your business have to generate each year to cover the annual loan payment and your salary