Question 2 of 6 A mortgage for a condominium had a principal balance of $40,200 that had to be amortized over the remaining period of 7 years. The interest rate was fixed at 3.32% compounded semi-annually and payments were made monthly. No submission required. a. Calculate the size of the payments, rounded up to the next whole number. 0 $537 $891 O $531 O $543 b. If the monthly payments were set at $637, by how much would the time period of the mortgage shorten? 1 years and 2 months O 2 years and 3 months O 7 years and 0 months O 7 years and 1 months C. If the monthly payments were set at $637, calculate the size of the final payment. O $893.39 0 $380.95 O $257.09 O $44,793.16