7.Consider a standard mortgage (360 months) with monthly payments and a nominal rate (monthly compounding) of 6.70%. What portion of the payments during the first 30 months goes toward principal? 15.44% 14.80% 15.37% 14.62% 15.32% 8.What is the remaining balance on a $325,000.00 mortgage after 115 months? The mortgage is a a standard mortgage (360 months) with monthly payments and a nominal rate (monthly compounding) of 6.30% $282,074 $285,432 $273,279 $276,945 $300,156 0.Consider a standard mortgage (360 months) with monthly payments and a nominal rate (monthly compounding) of 6.20%. What portion of the payments during the first 32 months goes toward principal? 16.73% 15.96% 17.59% 15.86% 16.96%