Question: Question 1 ( Mandatory ) ( 1 point ) You can afford to pay $ 2 , 5 0 0 per month for mortgage payments.

Question 1(Mandatory)(1 point)
You can afford to pay $2,500 per month for mortgage payments. How large a loan
can you afford if the interest rate is 3.75% for a 30-year fixed mortgage? Round to
the nearest cent or two decimal places.
Question 1(Mandatory)(1 point) You can afford to pay $2,500 per month

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