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You wish to purchase a new house 20 years from today. You currently have $25,000 debt you need to pay off in year 4. Interest

You wish to purchase a new house 20 years from today. You currently have $25,000 debt you need to pay off in year 4. Interest rate is 15%. You can also save $3,500 a year. What kind of a house can you afford in 20 years? Show all work

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