Question: Consider the following amortization schedule: Payment # Payment Interest Debt Payment Balance 1,167.34 540.54 626.80 259,873.20 2 1,167.34 539.24 628.10 259,245.10 3 1,167.34 y Z

Consider the following amortization schedule: Payment # Payment Interest Debt Payment

Consider the following amortization schedule: Payment # Payment Interest Debt Payment Balance 1,167.34 540.54 626.80 259,873.20 2 1,167.34 539.24 628.10 259,245.10 3 1,167.34 y Z With the exception of column one, all amounts are in dollars. What is starting principal of the loan? Round your answer to the nearest dollar. Do NOT round until you calculate the final answer. Provide your answer below

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