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Some friends tell you that they paid $16,754 down on a new house and are to pay $668 per month for 15 years. If interest
Some friends tell you that they paid $16,754 down on a new house and are to pay $668 per month for 15 years. If interest is 6% compounded monthly, what was the selling price of the house? How much interest will they pay in 15 years?
Selling price of the house __.
Total interest paid __.
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