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Consider a standard mortgage (360 months) with monthly payments and a nominal rate of 5.00%. What portion of the payments during the first 27 months

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Consider a standard mortgage (360 months) with monthly payments and a nominal rate of 5.00%. What portion of the payments during the first 27 months goes toward interest? 68.97% O 79.93% O 78.25% 76.35% 82.36% What is the remaining balance on a $225,000 mortgage after 95 months? The mortgage is a standard mortgage (360 months) with monthly payments and a nominal rate of 6.90%. O $192,816 O $198,720 O $206,714 O $201.315 $219,138 Consider a standard mortgage (360 months) with monthly payments and a nominal rate of 5.70%. What portion of the payments during the first 30 months goes toward interest? O 72.83% O 85.40% O 80.53% O 87.48% O 81.61%

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