you can afford a 1350$ per month mortage payment. youve found a 30 year loan at...

you can afford a 1350$ per month mortage payment. youve found a 30 year loan at 7% interest.

a)!how big of a loan can you afford

b) how much total money will you pay the loan company

c)how much of that money is interest?

Expert Solution

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As nothing was mentioned excel is used to calculate loan amount. If you need with formula, let me know, will do that also. Thank you.

jeff jeffy answered 8 months ago

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