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Q 3 : Sandra considers buying a house. Currently, she rents a place for 1 3 ,500 a year. The current annual interest rate on
Q3: Sandra considers buying a house. Currently, she rents a place for 13,500 a year. The current annual interest rate on mortgages is 9%. 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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