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Lids Co. took out a 20-year loan from Hollywood Bank to be paid back in equal amounts every quarter. The loan principal is $17689, and

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Lids Co. took out a 20-year loan from Hollywood Bank to be paid back in equal amounts every quarter. The loan principal is $17689, and its APR is 5%. How much of the principal on the loan is paid in the second quarter? Select one: O a. $351.06 O b. $219.49 c. $131.58 O d. $182.49 e. $168.58

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