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On January 1,Charlesborrows $4700with a fixed interest rate on the loan of10% and a loan term of2years. He will be making monthly payments of $216.88.

On January 1,Charlesborrows $4700with a fixed interest rate on the loan of10% and a loan term of2years. He will be making monthly payments of $216.88. How much ofCharles's fifth loan payment would be principal?(Round answers to 2 decimal places, e.g. 52.75.)

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