Question: How much principal is repaid in the 74th payment interval on a $142,300 25-year mortgage? The mortgage is amortized over 25 years and the payments

How much principal is repaid in the 74th payment interval on a $142,300 25-year mortgage? The mortgage is amortized over 25 years and the payments are monthly. The interest rate is 7.44% compounded monthly.

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