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TB MC Qu. 09.74 Andre Wheeler wants to know what price home ... Andre Wheeler wants to know what home price he can afford. His

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TB MC Qu. 09.74 Andre Wheeler wants to know what price home ... Andre Wheeler wants to know what home price he can afford. His annual gross income is $72.000. He has no other debt expenses and expects property taxes and insurance to cost $350 per month. He knows he can get a 8.50 percent, 15 -year mortgage so his mortgage payment factor is 9.85 . He expects to make a 20 percent down payment. What is Andres affordable home purchase price? Note: Do not round intermediate calculations and round your final answer to the nearest $100. Muriple fingice 5206900 5257200

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