Deidre Hall can afford monthly payments of $ 7 6 0 on a mortgage. Current mortgage rates

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Question:

Deidre Hall can afford monthly payments of $

760

on a mortgage. Current mortgage rates are

2.5

percent, compounded semiannually. The longest period over which a mortgage can be amortized is

25

years.

(

Use a Financial calculator to arrive at the answers. Do not round intermediate calculations and round the final answer to nearest whole dollar.

)

What size mortgage can Deidre afford?

Affordable mortgage $

Posted Date: May 18, 2024 05:12 PM

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Deidre Hall can afford monthly payments of $ 7 6 0 on a mortgage. Current mortgage rates

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