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Dr . Gupta is considering a 3 0 - year mortgage at 7 % interest. She can make payments of $ 3 , 7 0

.

Gupta is considering a

30 -

year mortgage at

7 %

interest. She can make payments of $

3, 700

a month. What size loan can she afford?

(

Round your answer to the nearest cent.

)

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