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560,000 is borrowed, to be repaid in four equal, annual payments at a 10% interest. Approximately how much principal is amortized with the first payment?

560,000 is borrowed, to be repaid in four equal, annual payments at a 10% interest. Approximately how much principal is amortized with the first payment? S18,928.25 @ $6,000.00 S12.928.25 O SI5.000.00

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