Casey has an amortized loan payment of 400 and the interest they owe for that month is 50 By how much does Casey pay down the principal? 450 350 50 400

To determine how much Casey pays down the principal, we need to subtract the interest portion of the payment from the total amortized loan payment.<br /><br />Given:<br />- Total amortized loan payment = $400<br />- Interest owed for the month = $50<br /><br />The amount Casey pays down the principal is calculated as follows:<br />\[ \text{Principal Payment} = \text{Total Payment} - \text{Interest} \]<br />\[ \text{Principal Payment} = \$400 - \$50 \]<br />\[ \text{Principal Payment} = \$350 \]<br /><br />Therefore, Casey pays down the principal by $\$350$.