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You take out a car loan for 10,124 dollars. If your loan has an annual interest rate of 4.05 percent, and you will make monthly

You take out a car loan for 10,124 dollars. If your loan has an annual interest rate of 4.05 percent, and you will make monthly payments for 5 years, how much of your first payment will go towards principal (go towards paying down the outstanding loan balance)?

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