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Jackie Chiles recently bought a new condominium and took out a 3 0 - year fixed mortgage in the amount of $ 3 7 5

Jackie Chiles recently bought a new condominium and took out a 30-year fixed mortgage in the amount of $375,000 with a nominal interest rate of 7.5%.
1. How much are Jackies monthly payments?
2. What proportion (%) of Jackies mortgage payments made during the first 5 years will be applied to interest?
3. What will be the outstanding balance on Jackies mortgage after 7 years of making consistent, regular mortgage payments?

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