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Deidre Hall can afford monthly payments of $ 8 5 0 on a mortgage. Current mortgage rates are 3 . 5 percent, compounded semiannually. The
Deidre Hall can afford monthly payments of $ on a mortgage. Current mortgage rates are percent, compounded semiannually.
The longest period over which a mortgage can be amortized is years. Use a Financial calculator to arrive at the answers. Do not
round intermediate calculations and round the final answer to nearest whole dollar.
What size mortgage can Deidre afford?
Affordable mortgage $
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