Question: Consider Eileen's loan from the previous question ($30,000 for 5 years at 6.5% interest). How much of the second payment will go toward reducing the

Consider Eileen's loan from the previous question ($30,000 for 5 years

Consider Eileen's loan from the previous question ($30,000 for 5 years at 6.5% interest). How much of the second payment will go toward reducing the loan principal

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