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Barbara and Jerry can afford a mortgage payment of $ 1 , 5 0 0 per month. If interest rates are 3 . 2 5

Barbara and Jerry can afford a mortgage payment of $1,500 per month. If interest rates are 3.25% for 30 years, how much can they afford to borrow?
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a: $540,000.00
b: $566.53
c: $344,664.11
d: $912,558.71

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