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You can afford to pay $2,000.00 per month to finance the purchase of a house. The bank will lend to you at 2.75% per year

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You can afford to pay $2,000.00 per month to finance the purchase of a house. The bank will lend to you at 2.75% per year with monthly compounding for 15 years. How much can you afford to borrow? Hint: you know you need to use the five TVM keys. Figure out which one you need to solve for, and then enter the other four inputs. 294,715.40294,915.40294.715.04301.645.81

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