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Given the following information, calculate what is the principal portion of your 5th monthly payment. Loan amount: $175,000, Term: 30 years, Interest rate: 7%, Fully
Given the following information, calculate what is the principal portion of your 5th monthly payment. Loan amount: $175,000, Term: 30 years, Interest rate: 7%, Fully amoritized.
$1,164.28
$145.12
$481.15
$146.82
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