Question: E Question Help A couple wants to purchase a new house and feel that they can afford a mortgage payment of 5000 a month. They
E Question Help A couple wants to purchase a new house and feel that they can afford a mortgage payment of 5000 a month. They are able to obtain a 25-year 70% mortgage (compounded monthly but must put down 30% of the cost of the house. Assuming that they have enough savings for the down payment, how expensive a house can they afford? The couple can afford a house that costs up to 51 (Round the final answer to the nearest dollar as needed. Round an intermediate values to six decimal nace near
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