Excel quiz

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Joined
Oct 13, 2021
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10
Office Version
  1. 2016
Platform
  1. Windows
  2. Mobile
  3. Web
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.
 
Please do not mark as a solution if they do not contain a solution. Thanks
 
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