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8. If you want to purchase a home. You have $25,000 to put down. All you...

8. If you want to purchase a home. You have $25,000 to put down. All you can afford is $1500.00 per month and you do not want to finance for more than 15 years @ 4.5%. Your taxes will be $85.00 per month and insurance $60.00 a month. What is the amount you can pay for your home? (Show all your work)

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Marimem monthly pament montbly nsurencemodhly daxet 500 5D060- S5 355 Pmt= 1355 RE5/2=0.3959 N 5X12180monlbs preseat vale a

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