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After an especially booming year selling beavertails, you are looking to expand your store. To expand and renovate you will require a loan. After speaking

After an especially booming year selling beavertails, you are looking to expand your store. To expand and renovate you will require a loan. After speaking with your good friend and wealthy businesswoman Karen, on January 1st 20x6 you both agree to a loan of $307,362 as a note at 4%. You will pay Karen blended principle and interest payments of $45,359 each December. With the payment on December 31st 20x6, how much of the principle are you

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