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It is April 2 4 , 2 0 2 4 , and Tracy is looking to withdraw the maximum from her Registered Retirement Savings Plan

It is April 24,2024, and Tracy is looking to withdraw the maximum from her Registered Retirement Savings Plan (RRSP) under the Home Buyer's Plan (HBP). In addition, she has managed to save $25,000 in her savings account and is planning on using both amounts for a down payment to buy her first home. What would be the minimum conventional mortgage she could assume?
Select one:
a.
$260,000
b.
$240,000
c.
$300,000
d.
$275,000
e.
$250,000

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