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ou just acquired a home mortgage for 2 years in the amount of $180,000 at 24 percent interest, compounded monthly. How much of the first

ou just acquired a home mortgage for 2 years in the amount of $180,000 at 24 percent interest, compounded monthly. How much of the first payment will go toward the repayment of principal if the loan is repaid in equal monthly payments?

A. $6,374

B. $5,486

C. $5,129

D. $5,917

E. $4,835

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