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Problem 4 . You have finally saved up 5 % necessary to purchase a house. And because you are a good worker, you were able
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You have finally saved up necessary to purchase a house. And because you are a good worker, you were able to get a raise and your new take home pay is $ a month. Assuming an interest rate of rates went down while you were saving and a year loan, with continuous compounding interest, how much house could you afford dont forget to account for the you put down
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