55.1k views
3 votes
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.

User Dabbler
by
8.6k points

1 Answer

5 votes
The answer is approximately $154,758
User Kumaresh Babu N S
by
7.4k points