The Johnson's are purchasing a house listed for $530,000. They need a 5% down payment to be financed at 2.3% compounded semi-annually for 25 years. (Must use the buttons p/y, c/y, n, i/y, pv, pmt, and fv on the calculator and show which is being computed for)

a) If they make payments at the end of every two weeks what will be the size of their payments for the mortgage? b) How much interest will they be paying for their first payment? c) What will be the outstanding balance after 5 years of payments? d) What will be the size of their last payment? e) What will be the total interest paid on the mortgage?