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(1 point) Violet has a loan that requires her to make 24 semiannual payments of $1220. If the rate of interest on her loan is

(1 point) Violet has a loan that requires her to make 24 semiannual payments of $1220. If the rate of interest on her loan is 9.8% compounded semi-annually, how much principal is paid off with her 22nd payment? Answer: $

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