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You have just been approved for a 30 year 5.5% fixed home mortgage. The monthly payment that you qualify for is $879.32. Use the table provided to determine the price of a home that can be purchased. Round your answer to the nearest cent.

a.
$154,267
c.
$156,753.10
b.
$154,810
d.
$157,153.10

You have just been approved for a 30 year 5.5% fixed home mortgage. The monthly payment-example-1

2 Answers

6 votes

Answer:

its B

Explanation:


User Jes Chergui
by
8.1k points
3 votes
The answer is B. 154,810
User Timlyo
by
8.0k points

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