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On January 1, Thomas borrows $4900 with a fixed annual interest rate on the loan of 9% and a loan term of 2 years. He

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On January 1, Thomas borrows $4900 with a fixed annual interest rate on the loan of 9% and a loan term of 2 years. He will be making monthly payments of $223.86. How much of Thomas's first loan payment on February 1 would be principal? $227.41.$187.11.$188.51.$218.90

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