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Trek Holidays Company signed a 8 8?%, 10 10 minus ?year note for $ 166 comma 000 $166,000. The company paid an installment of $
Trek Holidays Company signed a 8 8?%, 10 10 minus ?year note for $ 166 comma 000 $166,000. The company paid an installment of $ 1 comma 900 $1,900 for the first month. What portion of the first monthly payment is? principal? (Do not round any intermediate? calculations, and round your final answer to the nearest? dollar.)
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