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A mortgage for a condominium had a principal balance of $ 4 1 , 9 0 0 that had to be amortized over the remaining

A mortgage for a condominium had a principal balance of $41,900 that had to be amortized over the remaining period of 4 years. The interest rate was fixed at 4.62% compounded semi-annually and payments were made monthly.
a. Calculate the size of the payments.Round up to the next whole number
b. If the monthly payments were set at $1,057, by how much would the time period of the
mortgage shorten? year(s) months
c. If the monthly payments were set at $1,057, calculate the size of the final payment.Round to the nearest cen

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