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Suppose an organization takes out a $1,500,000,20-year mortgage with an annual interest rate of 3.75%. If the monthly mortgage payment, due at the beginning of

Suppose an organization takes out a $1,500,000,20-year mortgage with an annual interest rate of 3.75%. If the monthly mortgage payment, due at the beginning of each month, is $8,865.62, the amount of principal repaid in the first month is (select one): $4,178.12$0.00$4,674.44$4,687.50

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