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In addition to your answer you must show your entries for N, I, PV, PMT, FV 2. How much can you borrow on the purchase

image text in transcribed In addition to your answer you must show your entries for N, I, PV, PMT, FV

2. How much can you borrow on the purchase of a home if you can afford a monthly payment of $925.00, and the interest rate is 6.0%? The total term of your mortgage note is 15 years

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