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Problem 1C. You can planning to buy a home. You can afford a monthly mortgage of $3,000 per month. Assuming 30-year mortgage rates are currently

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Problem 1C. You can planning to buy a home. You can afford a monthly mortgage of $3,000 per month. Assuming 30-year mortgage rates are currently at 7.2%, what loan amount can you afford? Create an amortization table for the first year. See template of table below

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