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Bill borrows $330,000 to buy a new home. The terms of the loan are 15 years with equal monthly payments. Let i ^ (12) =

Bill borrows $330,000 to buy a new home. The terms of the loan are 15 years with equal monthly payments. Let i ^ (12) = 396 Calculate the principle repaid with the 23rd payment.

A) 1524

B) 1528

C) 1532

D) 1536

E) 1540

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