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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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