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Question 8 (3 points) My friend can afford a monthly payment of $ 6,000, annuity. If the current interest rate on 30-year, fixed rate mortgage

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Question 8 (3 points) My friend can afford a monthly payment of $ 6,000, annuity. If the current interest rate on 30-year, fixed rate mortgage is 9.5%, what is the maximum amount of mortgage that she could qualify for? 2,160,000.00 713,560.09 O 891,950.11 920,000.00

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