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Sheri Dan has applied for a mortgage from a Canadian bank. The mortgage would be for $210,000. The nominal interest rate is 9% per year,

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Sheri Dan has applied for a mortgage from a Canadian bank. The mortgage would be for $210,000. The nominal interest rate is 9% per year, compounded semi-annually. The mortgage will be paid off in 25 years, Requirements: A What is the effective annual rate? Joercent (Round your answer to two decimal places (0.9 1230) Do nolento e percent on B. Calculate Sheri's payments if the mortgage is due (Assume mortgage payments are due at the beginning of each time period) (Round your answers to two decimal places (0.9 $123.450 1. Monthly 2. Weekly 3. Bi-weekly

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