What was the selling price of the house

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Question: Some friends tell you that they paid $32, 544 down on a new house and are to pay $632 per month for 30 years. If interest is 6.3% compounded monthly, what was the selling price of the house? How much interest will they pay in 30 years? Selling price of the house: $ (Round to two decimal places as needed.) Total interest paid: $ (Round to two decimal places as needed.)

Reference no: EM131977285

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