Homework Help: math

Posted by old me on Tuesday, October 11, 2011 at 6:40pm.

need to calculate total purchase price I can afford for a home.
monthly income $5875.
.28 x $5875.=$1645.monthly mortgage
7.70 interest for 25years.placing 25% of my yearly income down.

this is as far as I have gotten...
7.70x = 1645.
7.70x 1645
7.70 7.70

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