Question: How much principal will be repaid during the first year of end-of-month payments of $920 on a $54,000 loan at 13% compounded monthly? $4,268.39 $615.99

How much principal will be repaid during the first year of end-of-month payments of $920 on a $54,000 loan at 13% compounded monthly? $4,268.39 $615.99 $8,696.26 $1,778.56 $3.935.32

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