Question: Question 44 3 pts Determine the loan amount given the following: Project value: $17,000,000 Term: 30 years Interest Rate: 1.7% Investment Capital Requirement $700,000 Loan

Question 44 3 pts Determine the loan amount given the following:

Question 44 3 pts Determine the loan amount given the following: Project value: $17,000,000 Term: 30 years Interest Rate: 1.7% Investment Capital Requirement $700,000 Loan to Value Ratio: 83% Cap Rate: 3.8% Please provide your answer without dollar signs or commas, no significant digits needed

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