Question
Some friends tell you that they paid $19,695 down on a new house and are to pay $819 per month for 15 years. If interest
Some friends tell you that they paid $19,695 down on a new house and are to pay $819 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:?
(Round to two decimal places as needed.)
Total interest paid:?
(Round to two decimal places as needed.)
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Square Summable Power Series
Authors: Louis De Branges, James Rovnyak
1st Edition
0486801365, 9780486801360
