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A buyer can afford no more than $500 per month in payments. The most favorable loan available in the market is a 30 year loan

A buyer can afford no more than $500 per month in payments. The most favorable loan available in the market is a 30 year loan at 10%. What is the maximum affordable house with a 20% down payment?

A buyer can afford no more than $500 per month in payments. The most favorable loan available in the market is a 30 year loan at 10%. What is the maximum affordable house with a 20% down payment? Select one: a. $59,975 b. $69,636 c. $71,219 d. $63,306

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