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You want to buy a new house. You can afford to pay $15,000 per year for 30 years with the first payment being due at

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You want to buy a new house. You can afford to pay $15,000 per year for 30 years with the first payment being due at the end of year 1. If the interest rate on your loan is 3%, what price of home can you buy today? (Enter your dollar answer as a number rounded to 2 decimal places. For example: $100.25 would be entered as 100.25)

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