question archive Jean is buying a new apartment
Subject:MathPrice:2.86 Bought3
Jean is buying a new apartment. She can afford a mortgage payment of $1110 a month, and a down payment of $19000. She obtained a 16-year loan at 4.85% compounded monthly. What is the most expensive apartment she can buy?
Express your answer rounded to the nearest cent!
Apartment price = $
Purchased 3 times