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Intro You want to buy a house financed with a 15-year fixed-rate mortgage. The best interest rate you could find is 10% APR. Payments are

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Intro You want to buy a house financed with a 15-year fixed-rate mortgage. The best interest rate you could find is 10% APR. Payments are made monthly, so the APR should be assumed to be a simple interest rate (i.e. a stupid interest rate) added up over 12 months. Part 1 IB Attempt 1/2 for 10 pts. What is the most you can borrow if you can only afford to pay $1,900 per month? 0+ decimals Submit

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