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Ron's Loan: Ron borrows $3,000,000 to purchase a warehouse. The annual interest rate on the loan is 8.25 percent, and the term of the loan

Ron's Loan: Ron borrows $3,000,000 to purchase a warehouse. The annual interest rate on the loan is 8.25 percent, and the term of the loan is 15 years.

How much principal will Ron pay in month 37?

Enter your answer rounded to the nearest penny with no punctuation, but do not use the rounded intermediate results in future calculations involving Ron's Loan (keep all available decimals).

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