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Samantha is buying a new apartment. She can afford a mortgage payment of $1380 a month, and a down payment of $16000. She obtained a

Samantha is buying a new apartment. She can afford a mortgage payment of $1380 a month, and a down payment of $16000. She obtained a 16-year loan at 6.2% compounded monthly. What is the most expensive apartment she can buy?

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