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Can you help me solve this? You borrowed $100,000 exactly 7 years ago. The loan is structured as an amortized loan. The interest rate is

Can you help me solve this?

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You borrowed $100,000 exactly 7 years ago. The loan is structured as an amortized loan. The interest rate is 3% and you make quarterly (end-of-quarter) payments of $1,425.02. The loan is amortized over 25 years. How much principal have you paid over the first 7 years? How much principal have you paid over the first 7 years? $ 60270 (Round to the nearest dollar.)

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