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

Multiple Choice

$$\begin{array} { c r c } \text { Month } & \begin{array} { r } \text { Canstructian } \\\text { Draw }\end{array} & \begin{array} { c } \text { Sales } \\\text { Revenue }\end{array} \\1 & \$ 200,000 & \\2 & 150,000 & \\3 & 75,000 & \\4 & 25,000 & \$ 600,000 \\\text { } & & \\\text { Total } & \$ 450,000 & \$ 600,000 \\\text { Present value @ 12\% } & \$ 441,883 & \$ 576,588 \\\end{array}$$
-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?

A) 4.0%
B) 75.0%
C) 76.6%
D) 33.3%