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Bill Moore is buying a used Winnebago. His April monthly interest at 14.40% was $216.00. What was Bills principal balance at the beginning of April?

Bill Moore is buying a used Winnebago. His April monthly interest at 14.40% was $216.00. What was Bills principal balance at the beginning of April? (Use 360 days a year. Do not round intermediate calculations.)

Principal balance $

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