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Julie and Barry Spinos purchased a house for $118,528. They made a 25% down payment and financed the remaining amount at 5.1% for 30

Julie and Barry Spinos purchased a house for $118,528. They made a 25% down payment and financed the remaining amount at 5.1% for 30 years. Their monthly payment is $650. How much of their first monthly payment is used to reduce the principal?

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