Peter Piper has applied for a mortgage of $ 1 2 4 , 0 0 0 .
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Question:
Peter Piper has applied for a mortgage of $ Interest is computed at percent compounded semiannually. The mortgage will be paid off over years. For all requirements, use a Financial calculator to arrive at the answers. Do not round intermediate calculations and Round the final answers to decimal places.
a Calculate Peter's monthly payment.
Monthly payment
$
b Calculate Peter's weekly payment.
Weekly payment
$
c Calculate Peter's biweekly every nd week payment.
Biweekly payment $
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