We take a 30-year loan with an interest rate of 4% (compounded monthly) for $200,000. Of the 180th payment, how much money goes towards the loan principal? Round your answer to the nearest dollar, omit the $ sign, and enter your answer as a positive number.
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Excel quiz
- Thread starter LOVED256
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Excel Facts
Waterfall charts in Excel?
Office 365 customers have access to Waterfall charts since late 2016. They were added to Excel 2019.
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