You borrowed 100000 exactly 3 years ago the loan is, Financial Management

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You borrowed 100000 exactly 3 years ago the loan is

You borrowed $100,000 exactly 3 years ago. The loan is structured as an amortized loan. The interest rate is 6% and you make quarterly (end-of-quarter) payments of $1, 937.06. The loan is amortized over 25 years. How much principal have you paid over the first 3 years?

How much principal have you paid over the first 3 years?

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