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You borrow $350000 to buy a home. The amortization period (n) is 20 years. You elect to make monthly payments (m=12). The bank quotes you

You borrow $350000 to buy a home. The amortization period (n) is 20 years. You elect to make monthly payments (m=12). The bank quotes you a rate of 6.00%. How much principal remains owing after 5 years of making payments? Round your answer to 2 decimal places.

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