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Jenny has decided that she can afford a monthly mortgage payment of $ 3 9 0 . She has been offered a 3 . 5

Jenny has decided that she can afford a monthly mortgage payment of $390. She has been offered a 3.5%20 year mortgage from her bank. What formula could you type into Excel to determine what the largest mortgage loan she can afford?
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=PV(.035/12,20*12,-390)
=PMT(.035/12,20*12,-390)
=PV(.035,20*12,-390)
=390*.035/20

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