Some friends tell you that they paid $25,000 down on a new house and are...

maryluoga123

maryluoga123

2023-01-10

Some friends tell you that they paid $25,000 down on a new house and are to pay $525 per month for 30 years. If interest is 7.8% compounded monthly, what was the selling price of the house? How much interest will they pay in 30 years?

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