A mortgage for a condominium had a principal balance of $40,300 that had to be amortized over the remaining period of 4 years. The interest rate was fixed at 4.42% compounded semi-annually and payments were made monthly. a. Calculate the size of the payments, rounded up to the next whole number. $917 $1,371 $900 $935 b. If the monthly payments were set at $1,017, by how much would the time period of the mortgage shorten? 0 years and 5 months 1 years and 6 months 2 years and 6 months 3 years and 7 months c. If the monthly payments were set at $1,017, calculate the size of the final payment. $1,909.14 -$122.05 $895.39 $32,397.58