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David took a loan of $2,800 at 8% for 1 year. His monthly payment was $233.50. a. For the first monthly payment, how much of

David took a loan of $2,800 at 8% for 1 year. His monthly payment was $233.50. a. For the first monthly payment, how much of the $233.50 is interest? (2 points ) b. For the first monthly payment, how much of the $233.50 goes toward principal? (2 points )

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