Question: Please answer and show work Consider a standard mortgage (360 months) with monthly payments and a nominal rate (monthly compounding) of 6.70%. What portion of

Please answer and show work Consider a standard mortgage (360 months) with Please answer and show work

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 26 months goes toward principal

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