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OpenStudy (anonymous):
Say that You (or your parents) are purchasing a house for $228,000 and have an excellent credit score.(The secured APR for that is 4.75% and the unsecured APR is 5.50%) If you pay $2,124.93 at the end of the first month, how much is applied to the principal balance? (3 points) This is a consumer math question and i need some one to help me find my way to the answer by showing the work/ steps.
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