Mr & Mrs borrowed $500,000 to buy a house. The mortgage rate is quoted at 4% with semi-annual compounding, and equal bi-weekly payments (assuming 52 weeks per year). The loan is to be amortized over 25 years. How long will it take to repay the loan if they double each payment to repay their mortgage sooner?

Andwer is 247.6 payments please show all work

Quevtion is (Alaiks: 2) Gruber brotve each payiment to repay their motldage wooter? Select ones a. 325 Ruynents b s.4s l payments c. 248 pyments d. 250.6 Nawents (A) 47.6 pujments 1. 2.2.6 payments 8.281.9 payments h 252.8 payments 1. 243.3 payments