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25. 0/1 POINTS PREVIOUS ANSWERS TANAPMATH7 11.R.069. MY NOTES ASK YOUR TEACHER Glenda sold her house under an installment contract whereby the buyer gave her

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25. 0/1 POINTS PREVIOUS ANSWERS TANAPMATH7 11.R.069. MY NOTES ASK YOUR TEACHER Glenda sold her house under an installment contract whereby the buyer gave her a down payment of $20,000 and agreed to make monthly payments of $975/month for 30 years. If the prevailing interest rate is 8%/year compounded continuously, find the present value of the purchase price of the house. (Round your answer to the nearest dollar.) $ 32188

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