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Jacob wants to buy a house but needs to calculate how much she can afford to borrow. The maximum she can repay each month-end is

Jacob wants to buy a house but needs to calculate how much she can afford to borrow. The maximum she can repay each month-end is $680 per month and the bank has indicated it will charge a fixed 6.2% p.a compounding monthly. If she takes a loan for 4 years how much can she afford to borrow?

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