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25 5 points A married couple has looked at their budget. After review, they can afford a monthly mortgage payment of $1,000. They go to

25 5 points A married couple has looked at their budget. After review, they can afford a monthly mortgage payment of $1,000. They go to their local banker and he/she offers them a mortgage of 5.4% APR with monthly compounding with a term of 30 years. What is the mortgage that the couple can apply for based on their budget and the offered terms?
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5 points A married couple has looked at their budget. After review, they can afford a monthly mortgage payment of 51,000 . They go to their local banker and he/she offers them a mortgage of 5.4% A.PR with monthly compounding with a term of 30 years. What is the mortgage that the couple can apply for based on their budget and the offered terms

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