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You can afford a $ 1 6 0 0 per month mortgage payment. You've found a 3 0 year loan at 8 % interest. Round
You can afford a $ per month mortgage payment. You've found a year loan at interest.
Round all values below to the nearest dollar.
How big of a loan can you afford?
$
How much total money will you pay the loan company?
$
How much of that money is interest?
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The Financial System Financial Regulation And Central Bank Policy
Authors: Thomas F. Cargill
1st Edition
1107035678, 9781107035676
