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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 $1,700 every month as mortgage payments. The variable open interest rate offered by her bank was 3.00% compounded semi-annually on mortgages amortized over 15 years. Calculate the maximum mortgage amount she will receive.Round to the nearest cen

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