A $$400,000$ mortgage with a $25-$year amortization and rate of $4\%,$ compounded semi$-$annually, would have a monthly payment of $$2,104.$ How many years would it take to pay off the mortgage if the payment frequency were changed to accelerated weekly? Round to the nearest year.

Question $4$Answer

a$.$

$22$ years

b$.$

$21$ years

c$.$

$24$ years

d$.$

$23$ years