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Harry took out a 25 year loan for 160 000 at 9 6 interest compounded monthly If his monthly payment on the loan is 1409

Harry took out a 25 year loan for 160 000 at 9 6 interest compounded monthly If his monthly payment on the loan is 1409 05 how much of his first payment went toward note reduction OA 129 05 OB 1280 00 OC 1409 05 OD 135 27

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