20. LOQ A $135 000 mortgage is amortized by making monthly payments of $974.37. If interest is 4.92% compounded semi-annually, for how many years is the term of the mortgage? 28. LO4 A church congregation has raised $37 625 for future outreach work. If the money is invested in a fund paying 7% compounded quarterly, what annual payment can be made for 10 years from the fund if the first payment is to be made 4 years from the date of investment in the fund? 20. LOQ A $135 000 mortgage is amortized by making monthly payments of $974.37. If interest is 4.92% compounded semi-annually, for how many years is the term of the mortgage? 28. LO4 A church congregation has raised $37 625 for future outreach work. If the money is invested in a fund paying 7% compounded quarterly, what annual payment can be made for 10 years from the fund if the first payment is to be made 4 years from the date of investment in the fund