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Some friends tell you that they paid $20,382 down on a new house and are to pay $784 per month for 30 years. If interest
Some friends tell you that they paid $20,382 down on a new house and are to pay $784 per month for 30 years. If interest is 6.9% compounded monthly, what was the selling price of the house? How much interest will they pay in 30 years?
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