Using the figure below, calculate the percentage of revenue to the lender based on the monthly...
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Using the figure below, calculate the percentage of revenue to the lender based on the monthly construction draw schedule. The project assumes a discount rate of 10%, and is for a 25-acre tract of land outside Lexington, KY. Month 0 Construction Draw Sales Revenue (Lot Sales) 509,600 0 1, 327,600 0 2345678 327,600 0 327,600 0 1.09,200 226,100 109,200 226,100 109,200 226,100 0 455,525 0 455,525 9 0 455,525 10 0 455,525 The % of revenue to the lender is O 76.2% 137.4% 72.8% 131.2% Using the figure below, calculate the percentage of revenue to the lender based on the monthly construction draw schedule. The project assumes a discount rate of 10%, and is for a 25-acre tract of land outside Lexington, KY. Month 0 Construction Draw Sales Revenue (Lot Sales) 509,600 0 1, 327,600 0 2345678 327,600 0 327,600 0 1.09,200 226,100 109,200 226,100 109,200 226,100 0 455,525 0 455,525 9 0 455,525 10 0 455,525 The % of revenue to the lender is O 76.2% 137.4% 72.8% 131.2%
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