The Howe family recently bought a house. The house has a 30-year, $241,644.00 mortgage with monthly payments and a nominal interest rate of 4.9 percent. What is the total dollar amount of principal the family will pay during the first 4 years of their mortgage? (Assume that all payments are made at the end of the month.) $18,647.91 $16,647.91 $17,647.91 $19,647.91 $15,647.91

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