Determine the purchase price of a new home


Problem

Determine the purchase price of a new home if it was financed with a 10% down payment and payments of $539.59 per month for 30 years at 6% interest.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Determine the purchase price of a new home
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