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Total interest $______

Construct the amortization schedule for a $14,000.00 debt that is to be amortized in 10 equal semiannual payments at 5.5% interest per half-year on the unpaid balance. Fill out the amortization schedule below. Round all values to the nearest cent. Payment Number Payment Interest Unpaid Balance Reduction Unpaid Balance 0 Some friends tell you that they paid $38,340 down on a new house and are to pay $693 per month for 15 years. If interest is 6.3% compounded monthly, what was the selling price of the house? How much interest will they pay in 15 years? Selling price of the house: $ (Round to two decimal places as needed.)