5. Joshua takes out a mortgage of $230 000 at 5.5% compounded semi-annually over 20 years. He is deciding between paying it off in accelerated weekly payments or in regular monthly payments. a) Determine the monthly payment using the Mortgage calculator. [A: [2] Amount 1% Amor. Period Frequency Monthly Payment: b) I How much interest would Ping and Dakota pay in interest with the monthly payments? [A: 12] c) Determine the accelerated weekly payment for the mortgage. [A: 71] Amount 1% Amor. Period Frequency Accelerated Weekly Payment: d) I Determine the interest that he would pay on the accelerated weekly payment. [A: [2] 23 de MacBook Air 80. 57 FB e) What is the difference in interest if Joshua save in interest if he chose the weekly plan? [A: 71] 5. Joshua takes out a mortgage of $230 000 at 5.5% compounded semi-annually over 20 years. He is deciding between paying it off in accelerated weekly payments or in regular monthly payments. a) Determine the monthly payment using the Mortgage calculator. [A: [2] Amount 1% Amor. Period Frequency Monthly Payment: b) I How much interest would Ping and Dakota pay in interest with the monthly payments? [A: 12] c) Determine the accelerated weekly payment for the mortgage. [A: 71] Amount 1% Amor. Period Frequency Accelerated Weekly Payment: d) I Determine the interest that he would pay on the accelerated weekly payment. [A: [2] 23 de MacBook Air 80. 57 FB e) What is the difference in interest if Joshua save in interest if he chose the weekly plan? [A: 71]