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please use financial calculator A mortgage for a condominium had a principal balance of $44,900 that had to be amortized over the remaining period of
please use financial calculator
A mortgage for a condominium had a principal balance of $44,900 that had to be amortized over the remaining period of 7 years. The interest rate was fixed at 4.92% compounded semi-annually and payments were made monthly. a. Calculate the size of the payments. $0 Round up to the next whole number b. If the monthly payments were set at $732, by how much would the time period of the mortgage shorten? o year(s) 0 months c. If the monthly payments were set at $732, calculate the size of the final payment. Round to the nearest centStep by Step Solution
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