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A couple purchased a home and signed a mortgage contract for $60,000 to be paid in equal monthly payments over 25 years with interest at

A couple purchased a home and signed a mortgage contract for $60,000 to be paid in equal monthly payments over 25 years with interest at 18% compounded semiannually. How much principal was paid in the first 6 payments?

Select one:

a. $76.28

b. $70.99

c. $73.61

d. $65.18

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