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The Davidson's have a lump sum amount of $ 6 0 , 0 0 0 saved up and have the budget to pay $ 2

The Davidson's have a lump sum amount of $60,000 saved up and have the budget to pay $2,500 at the start of each month for mortgage payments over 25 years. Determine the price of the home they can afford given interest rates are at 5.95% compounded monthly.
a
$551,798
b
$451,798
c
$391,798
d
$491,798
e
$591,798

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