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Question 4 of 13 A mortgage for a condominium had a principal balance of $46,100 that had to be amortized over the remaining period of

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Question 4 of 13 A mortgage for a condominium had a principal balance of $46,100 that had to be amortized over the remaining period of 5 years. The interest rate was fixed at 3.82% compounded semi-annually and payments were made monthly. a. Calculate the size of the payments. Round up to the next whole number b. If the monthly payments were set at $945. by how much would the time period of the mortgage shorten? 5 pm year(s) 0 months ress c. If the monthly payments were set ar 1945 calculate the size of the final payment Next Question . . . . . . . . . . . . . . Question 4 of 13 A mortgage for a condominium had a principal balance of $46,100 that had to be amortized over the remaining period of 5 years. The interest rate was fixed at 3.82% compounded semi-annually and payments were made monthly. a. Calculate the size of the payments. Round up to the next whole number b. If the monthly payments were set at $945. by how much would the time period of the mortgage shorten? 5 pm year(s) 0 months ress c. If the monthly payments were set ar 1945 calculate the size of the final payment Next

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