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is compounded annually. How much of the first annual payment are paid towards repaying the principal? a . $ 2 3 , 6 5 3

is compounded annually. How much of the first annual payment are paid towards repaying the principal?
a. $23,653.18
b. $51,420.90
c. $48,911.08
d. $21,311.62
e. $18,211.08
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