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Some friends tell you that they paid $31,907 down on a new house and are to pay $741 per month for 15 years. If interest
Some friends tell you that they paid $31,907 down on a new house and are to pay $741 per month for 15 years. If interest is 6.9% 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.)
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