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A young engineer wishes to buy a house but only can afford She has the ability to pay five hundred dollars a month. , Thirty

A young engineer wishes to buy a house but only can afford
She has the ability to pay five hundred dollars a month. ,
Thirty year loans are available at 24% interest compounded monthly. If she can make a
$5,000, what is the price of the most expensive house that she can afford to
purchase?
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