Current Attempt in Progress Your answer is incorrect. A lakefront house in Kingston, Ontario, is for sale with an asking price of $400,000. The real estate market has been quite active, so the house will almost certainly attract several offers, and may sell for more than the asking price. Charlie is very eager to purchase this house, but is concerned that he may not be able to afford it. He has $126,000 available for a down payment, and can pay up to $1,500 per month on a mortgage loan. As Charlie is a long-time customer, his bank has offered him agreat mortgage rate of 3.20 percent on a one-year term. If the loan will be amortized over 25 years, what is the most that Charlie can afford to pay for the house? (Round effective monthly rate to 4 decimal ploces, e.g. 5.1235% and final answer to 2 decimal places, e.g. 125.12. Do not round your intermediate calculations.) Most that can be paid for house eTextbook and Media Attempts: 2 of 3 used Using multiple attempts has impacted your scorc. 25% score reduction after attempt 1