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a woman purchasing a home budget 1,600 per month for their loan payment. if they have 19,000 available for a down payment and are considering

a woman purchasing a home budget 1,600 per month for their loan payment. if they have 19,000 available for a down payment and are considering a 25 yr loan, how much can they spend on the home at the following rates?

A. 6.6% compounded monthly

B. 7.8% compounded monthly

(round to nearest cent)

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