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The Griffins bought a $247,000 house
The Griffins bought a $247,000 house. They made a down payment of $43,000 and took out a mortgage for the rest. Over the course of 15
years they made monthly payments of $
1721.48
on their mortgage until it was paid off.
(a)What was the total amount they ended up paying for the house (including the down payment and monthly payments)?$
(b)How much interest did they pay on the mortgage?$
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