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Madlen considers buying an apartment. Now, she rents a place for 11,000 a year. The current annual interest rate on mortgages is 6.5%. Her planning
Madlen considers buying an apartment. Now, she rents a place for 11,000 a year. The current annual interest rate on mortgages is 6.5%. Her planning period is 30 years. If she doesnt want to increase his housing costs, what amount of mortgage is available for his purchase?
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