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Karie has a 27-year home mortgage. She borrowed $400,000 at a rate of 3.4% (fixed). How much of her first monthly mortgage payment will go

Karie has a 27-year home mortgage. She borrowed $400,000 at a rate of 3.4% (fixed). How much of her first monthly mortgage payment will go towards principal (as opposed to interest)?

Group of answer choices

$1,133.33

$1,888.37

$755.04

$9,274.74

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