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Mathematics, 26.04.2021 04:50 elie84

A couple wants to buy a house. They can only afford a $30,000 down payment. They know their budge allows for a monthly mortgage payment of $1,150. The current
mortgage interest rate is 4.5% compounded monthly. For a 30 year mortgage, what is
the most expensive house they can afford? Choose the nearest answer.

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A couple wants to buy a house. They can only afford a $30,000 down payment. They know their budge...

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