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You have two lots to pick from. The budget for your lot is $160,000. Lot A requires a down-payment of $20,300 and cost $100 per square foot. The size of lot A is 20 feet by 70 feet. Lot B requires a down-payment of $23,900 and costs $55 per square foot. The size of lot B is 40 feet by 60 square feet. Based on your analysis of both lots, which one can you afford?
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