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Peter Piper has applied for a mortgage of $138,000. Interest is computed at 8.5 percent compounded semiannually. The mortgage will be paid off over 20

Peter Piper has applied for a mortgage of $138,000. Interest is computed at 8.5 percent compounded semiannually. The mortgage will be paid off over 20 years. (For all requirements, use a Financial calculator to arrive at the answers. Do not round intermediate calculations and Round the final answers to 2 decimal places.)

a. Calculate Peters monthly payment.

Monthly payment $

b. Calculate Peters weekly payment.

Weekly payment $

c. Calculate Peters biweekly (every 2nd week) payment.

Biweekly payment $

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