document.write( "Question 1098767: Some friends tell you that they paid $31,248 down on a new house and are to pay $746 per month for 15 years. If interest is 6.6% compounded monthly, what was the selling price of the house? How much will they pay in 15 years? \n" ); document.write( "
Algebra.Com's Answer #713207 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( " \n" ); document.write( "principal paid over 180 months \n" ); document.write( "-------------------------------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "--------------------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "------------------------ \n" ); document.write( "Principal + down payment = \n" ); document.write( " \n" ); document.write( "The selling price was $67,209.50 \n" ); document.write( "----------------------------------- \n" ); document.write( "In 15 yrs, they pay $134,280 \n" ); document.write( "------------------------------ \n" ); document.write( "check the math and get \n" ); document.write( "a 2nd opinion if needed\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |