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Mr Brown borrowed $600,000 to buy a house in Quebec. The term of the mortgage was 5 years and carries a 6% APR. The amortization

Mr Brown borrowed $600,000 to buy a house in Quebec. The term of the mortgage was 5 years and carries a 6% APR. The amortization period is 20 years and he has opted to make bi-weekly payments. How much is his bi-weekly mortgage payment?

a. 1,153.89

b. 3,000

c. 1817.71

d. 1826.38

e. 3,942.75

f. 3,959.73

g. 5,213.59

h. none of the above

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