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You want to buy a flat no further than 0.5 miles from the bus station. you have saved a deposit of 23,500. You can afford

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You want to buy a flat no further than 0.5 miles from the bus station. you have saved a deposit of 23,500. You can afford a mortgage (house price - deposit) of 3.5 times your earnings, which are $31,995 per year. of recent flat sales. The scatter graph shows information about the price and distance from the bus station in kilometres 1 mile = 1.6 km Sale price of flats and distance in kilometres from the bus station 116000 114000 112000 110000 Sold house price (E) 108000 106000 104000 102000 100000 0 0.2 0.4 0.6 0.8 1.2 1.4 1.6 1.8 Distance from bus station (km) Can you afford to buy a flat within 0.5 miles of the bus station? Show your working out and write your answer in the box below

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