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Ariana Grande borrowed $350,000 today and promised to repay the loan in twenty-four equal monthly payments. The first payment is to be made exactly one

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Ariana Grande borrowed $350,000 today and promised to repay the loan in twenty-four equal monthly payments. The first payment is to be made exactly one month from today. The interest rate is 4.50% APR and is compounded monthly. She has already determined that the amount of each payment is $15,277. Given that payment amount, how much of the second month's payment goes to pay interest? (Round your final answer to two decimal places.) O $14,016.87 $1,260.13 O $1,312.50 O $1,489.77 O None of the above are correct

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