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23 December, 18:03

Nevaeh took out a 20-year loan for $155,000 at 3.6% interest, compounded monthly. If her monthly payment on the loan is $906.93, how much of her first payment went toward note reduction?

A. $441.93

B. $465.00

C. $906.93

D. $326.49

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  1. 23 December, 18:31
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    A. $441.93 just did this question on Apex!
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