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1 . You can afford to make payments of $ 1 7 0 0 per month. You have found a 3 0 - year loan

1. You can afford to make payments of $1700 per month. You have found a 30-year loan at 3% interest.
(a) How big of a loan can you afford?
(b) How much total money will you pay the loan company?
(c) How much of that money is interest?

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