Question $11(5$ points$)$

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Suppose that the maximum monthly mortgage payment that Linda ca afford is $$1,500.$ The mortgage has a $3\mathrm{.}6\%$ APR and is $30$ years. What is the maximum amount of mortgage that she can take?

$$385,927\mathrm{.}49$

$$329,927\mathrm{.}49$

$$285,896\mathrm{.}52$

$$341,896\mathrm{.}52$

$$969,961\mathrm{.}27$