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I don't understand how to do these on the financial calculator, please help and please try to explain the steps to get there. What is

image text in transcribedimage text in transcribedI don't understand how to do these on the financial calculator, please help and please try to explain the steps to get there.

What is the required monthly payment on a $530,000 mortgage. Assume a standard mortgage (360 months) with monthly payments. Use a nominal rate of 6%. $3,177 $3,394 $2,976 $2,980 $3,079 Consider a standard mortgage (360 months) with monthly payments and a nominal rate of 6.80%. What portion of the payments during the first 31 months goes toward principal? 13.04% 13.51% 14.25% 15.51% 14.49%

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