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Financing information:\ Amount financed: $1,050,000 (70% of purchase price)\ Amortization period: 30 years, compounded monthly\...

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Accounting

Financing information:\ Amount financed: $1,050,000 (70% of purchase price)\ Amortization period: 30 years, compounded monthly\ Interest rate: 7.5%\ Calculate the following:\ 1. Average unit cost (1 pts.)\ 2. Gross Rent Multiplier (GRM) year one only ... leave one decimal place in answer (2 pts.)\ 3. Break-even Ratio (BER) year one only ... leave one decimal place in answer (2 pts.)\ 4. Operating Ratio (OR) year one only ... leave one decimal place in answer (2 pts.)\ 5. Owners equity at purchase (1 pts.)

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