A lender requires a minimum down payment of 20% of the value of the home. You have $30,000 cash available to use as a down

Question

A lender requires a minimum down payment of 20% of the value of the home. You have
$30,000 cash available to use as a down payment toward a home. Determine the maximum home value that you can finance.
You can afford to finance a home worth at most $_________
Round your answer to the nearest dollar,

Kunduz · Accepted Answer

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