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3 of 6 Thomas planned to buy a house but could afford to pay only $11,000 at the end of every 6 months for a

3 of 6 Thomas planned to buy a house but could afford to pay only $11,000 at the end of every 6 months for a mortgage with an interest rate of 6.60% compounded semi- annually for 25 years. He paid $20,000 as a down payment. a. What was the maximum amount he could afford to pay for a house? Round to the nearest cent b. What was his total investment through the mortgage period (not taking the time- value of money into account)? Round to the nearest cent c. What was the total amount of interest paid through the mortgage period? Round to the nearest cent

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