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Kimberly wants to buy a house. They have $14,000 saved for a down payment. They have been approved for a 30-year loan at a 8.9%
"Kimberly wants to buy a house. They have $14,000 saved for a down payment. They have been approved for a 30-year loan at a 8.9% interest rate. The maximum they want to spend each month is $760 and they expect $270 per month in taxes, insurance, fees, and maintenance. What is the most they can afford to pay for a house?"
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