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Question 5 - of 15 Step 1 of 1 00:30:18 > Suppose you want to purchase a house. Your take home pay is $2960 per

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Question 5 - of 15 Step 1 of 1 00:30:18 > Suppose you want to purchase a house. Your take home pay is $2960 per month, and you wish to stay within the recommended guidelines for mortgage amounts by only spending of your take home pay on a house payment. You have $16,000 saved for a down payment and you can get an APR from your bank of 4.1 %.compounded monthly. What is the total cost of a house you could afford with a 30-year mortgage? Round your answer to the nearest cent if necessary. Formulas Answer/How to Enter) 2 Points Keypad

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