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Karen needs a loan of 118000 for a new home. The loan period is 2 years, and the loan payments are made semiannually. The annual

Karen needs a loan of 118000 for a new home. The loan period is 2 years, and the loan payments are made semiannually. The annual interest rate of the annuity loan is 8.2 %.

What is the principal payment in the third payment?

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