Consider a standard mortgage 360 months with monthly
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? 14.80% 15.37% 15.32% 15.44% 14.62%
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consider a standard mortgage 360 months with monthly payments and a nominal rate monthly compounding of 670 what
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