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Lilly agreed to repay a loan of $22,500 with payments of $425 per month. Using an interest rate of j12=3.6%, calculate the amount of principal

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Lilly agreed to repay a loan of $22,500 with payments of $425 per month. Using an interest rate of j12=3.6%, calculate the amount of principal repaid during the second year of the loan. Your Answer: Anomor

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