Solution-Selling price of the house

Selling price of the house

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Some friends tell you that they paid $10,637 down on a new house and are to pay $804 per month for 15 years. If interest is 7.2% compounded monthly what was the selling price of the house? How much interest will they pay in 15 years?

Reference no: EM131258043

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Selling price of the house : Some friends tell you that they paid $10,637 down on a new house and are to pay $804 per month for 15 years. If interest is 7.2% compounded monthly what was the selling price of the house? How much interest will they pay in 15 years?

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Selling price of the house

Reference no: EM131258043

Reference no: EM131258043

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