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CHRISTIAN B.

asked • 10/24/20

they paid $24,252 down on a new house and are to pay $820 per month for 15 years. If interest is 4.5% compounded​ monthly, what was the selling price of the​ house?

Some friends tell you that they paid $24,252 down on a new house and are to pay $820 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?



Selling price of the​ house: ​$ _________ ​(Round to two decimal places as​ needed.)


How much interest will they pay in 15 ​years?

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