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Some friends tell you that they paid $27,133 down on a new house and are to pay $775 per month for 15 years. If interest
Some friends tell you that they paid $27,133 down on a new house and are to pay $775 per month for 15 years. If interest is 4.5% compounded monthly
what was the selling price of the house?
How much interest will they pay in 15 years?
(Round to two decimal places as needed.)
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