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Terril Agnew received a 20-year, $45,000 mortgage loan from Unlimited Savings & Loan with an interest rate of 8.5 percent. His monthly payment is $390.60.

Terril Agnew received a 20-year, $45,000 mortgage loan from Unlimited Savings & Loan with an interest rate of 8.5 percent. His monthly payment is $390.60. After the first payment, what is the new principal

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