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Use the following information to answer the question(s) below.
Dagny Taggart has just purchased a home and taken out a $400,000 mortgage.The mortgage has a 30-year term with monthly payments and has an APR of 5.4%.
-The total amount of principal that Dagny will pay during the first month of her mortgage is closest to:
Wholly Owned Subsidiaries
Companies that are completely controlled by another company, the parent company, owning 100% of the subsidiary's shares.
Multinational Enterprise
A large corporation that owns and controls production or delivers services in more than one country.
Foreign Corrupt Practices Act
A U.S. law that prohibits companies and their supervisors from bribing foreign officials to obtain or retain business.
American Company
A corporation or business entity that is registered, operates, or has its principal place of business in the United States.
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