A $500,000 mortgage is amortized via end-of-month payments for 20 years. Assume interest is 2.2% compounded semi-annually for the first 10 year term, and then changes to 3% compounded monthly. How much will this amortization period be shortened (in years and months) if along with the change in rate, the borrower makes a prepayment of $44,000 at the end of the 10th year? A A $500,000 mortgage is amortized via end-of-month payments for 20 years. Assume interest is 2.2% compounded semi-annually for the first 10 year term, and then changes to 3% compounded monthly. How much will this amortization period be shortened (in years and months) if along with the change in rate, the borrower makes a prepayment of $44,000 at the end of the 10th year? A