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QUESTION 21 Unit 4: You found a house you want to buy with a price of $299,900. The bank will loan you the money for
QUESTION 21
Unit 4: You found a house you want to buy with a price of $299,900. The bank will loan you the money for 20% down at 3.77% APR for 15 years with monthly payments. You think you can make monthly payments of $1,650. Can you afford the house?
| Yes; monthly payments = $1,113.83 | ||
| Yes; monthly payments = $1,3922.24 | ||
| No; monthly payments = $1,747.13 | ||
| N0; MONTLY PAYMENTS = $2,183.92 |
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