Question: QUESTION 4 10 points A $40.000 loan at 6.6% compounded monthly will be repaid by monthly payments over ten years Calculate the principal component of

QUESTION 4 10 points A $40.000 loan at 6.6% compounded monthly will be repaid by monthly payments over ten years Calculate the principal component of Payment 63 $12432 $345 22 $350 $357.74 $331.91

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