Question: A young couple has saved up $10,000.00 for a down payment on a home. They are currently paying $1000.00 per month to rent a

A young couple has saved up $10,000.00 for a down payment on a home. They are currently paying $1000.00 per month to rent a condo. The couple is pre-approved for a 25-year mortgage at 10.8% and their realtor estimates that they will need to set aside $3000.00 for taxes and other costs at the time of sale. Part: 0/4 Part 1 of 4. (a) What is the price of the most expensive home they can buy without raising their monthly housing payment? The maximum price of a home the couple can afford is S

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