If you were to decide that bi-weekly payments (bi-weekly means you pay once every two weeks or 26 payments per year) better fitted your cash flow than monthly payments, based on the same numbers used above (principal of $720,000, 3.5% interest rate, compounded twice a year and amortized over 30 years), what is your bi-weekly mortgage payment? Multiple Choice $950.50 U O $1.486.37 O $1,659.47 O $2,154.45