Real Estate investor borrowed Ksh 10million to invest in an asset at an interest rate of 10% p.a for 30 years. Calculate:
I). Tha annual payment
ii). The monthly payment
iii). If the asset is expected to generate a return of Ksh 100000 per month. Advise the investor whether the investment in the asset is viable
iv). Prepare a loan amortization schedule for the first ten years
v). What other factors will you advise the investor to consider
