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use formula La A 7. You can afford a $950 per month mortgage payment. You've found a 30 year loan at 3.5% interest compounded monthly
use formula La A 7. You can afford a $950 per month mortgage payment. You've found a 30 year loan at 3.5% interest compounded monthly a. How big of a loan can you afford? (3pts) b. How much total money will you pay the loan company? (2ats) c. How much of that money is interest? (2pts)
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