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Some friends tell you that they paid $33,991 down on a new house and are to pay $ 780 per month for 15 years. If

Some friends tell you that they paid

$33,991

down on a new house and are to pay

$ 780

per month for

years. If interest is

6.9 %

compounded monthly, what was the selling price of the house? How much interest will they pay in

years?

Selling price of the house:

$______

(Round to two decimal places as needed.)

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