Question

You can afford a $1400 per month mortgage payment. You've found a 30 year loan at...

You can afford a $1400 per month mortgage payment. You've found a 30 year loan at 7% interest.

a) How big of a loan can you afford? Round your answer to the nearest dollar.
$
b) How much total money will you pay the loan company? Round your answer to the nearest dollar.
$
c) How much of that money is interest? Round your answer to the nearest dollar.
$

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