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-Consider the Table Above, Which Summarizes Monthly Construction Draws and

question 13

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 Month  Canstructian  Draw  Sales  Revenue 1$200,0002150,000375,000425,000$600,000  Total $450,000$600,000 Present value @ 12% $441,883$576,588\begin{array} { c r c } \text { Month } & \begin{array} { r } \text { Canstructian } \\\text { Draw }\end{array} & \begin{array} { c } \text { Sales } \\\text { Revenue }\end{array} \\1 & \$ 200,000 & \\2 & 150,000 & \\3 & 75,000 & \\4 & 25,000 & \$ 600,000 \\\text { } & & \\\text { Total } & \$ 450,000 & \$ 600,000 \\\text { Present value @ 12\% } & \$ 441,883 & \$ 576,588 \\\end{array}
-Consider the table above, which summarizes monthly construction draws and sales revenues. What is the percent of lot sales revenue that needs to be used to repay the loan?


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