Sally wishes to buy a new home. She has saved up $30,000 for a downpayment. She can obtain a 15 year mortgage for 7% and can afford a monthly payment of $1250. To determine the value of of home she can afford using the PV formula in excel what would the value to enter as the FV input?

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A: Step 1: Step 2: Step 3: Step 4:

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