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John planned to take a mortgage to purchase a house but could only afford to pay a maximum amount of $ 1 , 7 0
John planned to take a mortgage to purchase a house but could only afford to pay a maximum amount of $ every month as mortgage payments. The variable open interest rate offered by her bank was compounded semiannually on mortgages amortized over years. Calculate the maximum mortgage amount she will receive.Round to the nearest cen
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