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You did question 1 right
For Question 2: you need to figure out the lender's net cash outflow at year 0. "There is 1 point due to the lender when the loan is made". Net cash out is $1,400,000 x(1-1%)=$1,386,000
Now, for calculation: PV=-1,386,000, PMT=$10,777.40,...
here is how I do it:
1) "Three consecutive whole numbers": n, n+1, n+2;
2) "if they be divided by 5,3 and 4 respectively": ...