Question: You can put $ 5 0 , 0 0 0 down payment on a house. You can also afford $ 1 5 0 0 per

You can put $50,000 down payment on a house. You can also afford $1500 per month for a
mortgage (principal and interest) payment if the mortgage has a 5.5% annual rate
compounded monthly for 30 years. What price house should you be considering buying?
You can put $50,000 down payment on a house. You can

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