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7 in wrong as well Sally wishes to buy a new home. She has saved up $30,000 for a downpayment. She can obtain a 15

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7 in wrong as well
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Sally wishes to buy a new home. She has saved up $30,000 for a downpayment. She can obtain a 15 year mortgage for 7% and can afford a monthly payment of $1250. To determine the value of of home she can afford using the PV formula in excel what would the value to enter as the FV input? 7) What is the maximum loan that Sally can afford? [d] 8) What is the TOTAL estimated house that Sally could afford? [e] Sally wishes to buy a new home. She has saved up $30,000 for a downpayment. She can obtain a 15 year mortgage for 7% and can afford a monthly payment of $1250. To determine the value of of home she can afford using the PV formula in excel what would the value to enter as the FV input

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