Casio.com corporation is building a$25 million office building in Las Vegas and is financing the construction at an 80% loan-to-value ratio, where the loan is in the amount of $20000000. This loan has ten year maturity, calls for monthly payment,and has a stated interest rate of 8% Q1 what is monthly payments? Give me formula as well. Q2 returning to the original ten year 8% loan , how much is the loan payment if these payment are quarterly rather than monthly payment?Q3 what is the annual % rate on original ten year 8% loan? Q4 what is the effective annual rate on the original ten year 8% loan?
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