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On June 1, you borrowed $195,000 to buy a house. The mortgage rate is 5.28 percent. The loan is to be repaid in equal monthly

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On June 1, you borrowed $195,000 to buy a house. The mortgage rate is 5.28 percent. The loan is to be repaid in equal monthly payments over 15 years. How much of the first payment applies to the principal balance? O $717.51 $722.50 $658.56 O $756.70 $712.64

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