An engineer wishes expand his workshop but can only afford
An engineer wishes expand his workshop but can only afford monthly payments of $1900. 20-year loans are available at 4.95% interest compounded monthly. If the engineer can make a $24,000 down payment, what is the most he can spend in the expansion?
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an engineer wishes expand his workshop but can only afford monthly payments of 1900 20-year loans are available at 495
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