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The balance on a mortgage was $ 4 8 , 4 0 0 and an interest rate of 5 . 2 5 % compounded semi

The balance on a mortgage was $48,400 and an interest rate of 5.25% compounded semi-annually was charged for the remaining 5-year term. Monthly payments were made to settle the mortgage.
a. Calculate the size of the monthly payments.
b. If the monthly payments were set at $1,068, calculate the size of the final payment.

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