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You take out a 5-year installment loan to purchase a new vehicle. Your monthly payment is fixed at $485.22 for those 5 years, after which

You take out a 5-year installment loan to purchase a new vehicle. Your monthly payment is fixed at $485.22 for those 5 years, after which you will have paid off the loan in full. Will a larger proportion of your payment go towards principal during year 1 of the loan, or year 4 of the loan?

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