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Question 14 of 18 Aisha and her husband were planning to purchase an apartment in British Columbia. They could afford to pay $1,200 every month
Question 14 of 18 Aisha and her husband were planning to purchase an apartment in British Columbia. They could afford to pay $1,200 every month towards mortgage payments. Their mortgage broker was offering them a variable, open interest rate of 5.00% compounded quarterly amortized over 25 years. Calculate the maximum mortgage amount they can afford
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