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Izzy bought a house for $200,000 which she financed for 30 years at 3%, annual payments. How much Principal did she pay on the loan

Izzy bought a house for $200,000 which she financed for 30 years at 3%, annual payments. How much Principal did she pay on the loan the first year?

$4,203.85

$6,000.00

$8,319.61

$10,203.85

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