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Bill borrows $330,000 to buy a new home. The terms of the loan are 15...

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Bill borrows $330,000 to buy a new home. The terms of the loan are 15 years with equal monthly payments. Let i(12) = 3%. Calculate the principle repaid with the 23rd payment. 1524 B) 1528 C) 1532 D) 1536 E) 1540

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