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Mary wants to take out a loan. She can afford to make monthly payments of 3 0 0 dollars and wants to pay the loan

Mary wants to take out a loan. She can afford to make monthly payments of 300 dollars and wants to pay the loan off after exactly 20 years. What is the maximum amount that Mary can afford to borrow if the bank charges interest at an annual rate of 5 percent, compounded monthly? (Give your answer, in dollars, correct to the nearest dollar.) Need a hint on how to approach this question? amount she can borrow:
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