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$40,000 is borrowod today, to be repaid in five equal, onnual payments with 10% interest. Approximately thow much princlpal is amortixed with the first payment?

$40,000 is borrowod today, to be repaid in five equal, onnual payments with 10% interest. Approximately thow much princlpal is amortixed with the first payment? Multiple Choice $6,551.9 $4.0000 510,5519 $8,0000

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