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Consider a $100,000, 30-year, 5.4% mortgage with monthly payments. What portion of the payments during the first 25 months goes toward principal? a. 20.17% b.

Consider a $100,000, 30-year, 5.4% mortgage with monthly payments. What portion of the payments during the first 25 months goes toward principal? a. 20.17% b. 20.98% c. 21.25% d. 22.41% e. 22.78%

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