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Yes, go with .33% per month interest rate. Only 2 decimals 1. Calculate the maximum value of a home which a buyer may purchase based

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Yes, go with .33% per month interest rate. Only 2 decimals

1. Calculate the maximum value of a home which a buyer may purchase based on a pre-approved mortgage with the following characteristics Loan Amount 80% of Purchase Price Loan Term (nper) fully amortizing months 20 240 years $1,750 Payments (PMT) Interest Rate (i Future Value (FV) per month 3.95% 0.33% per year per month (fully amortizing) 0 Maximum Value of Loan (PV) Maximum Value of Home

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