A. The RBC bank has determined that based on a TDS ratio of 40% and other factors, the maximum monthly mortgage payment that Aaron qualifies to make is $2,500. The five-year fixed rate of interest is 4.5% compounded semi-annually and the mortgage is to be amortized over 25 years. (a) What is the maximum value of the mortgage that Aaron may obtain from the RBC? (b) Let assume Aaron managed to borrow that maximum amount as shown in (a)from RBC, calculate the number of years to pay off the mortgage if payments are made on an accelerated biweekly basis, instead of monthly (You must use financial calculator and make sure to show input used for each calculator keystroke.) B. Mr. Wilson's house was purchased for $280,000 five years ago and is worth $300,000 now, and his mortgage was $ 260,000 and amortized over 25 years, at four percent interest, compounded semi- annually, what is his equity in the house now? (To the nearest S1000) (Show your calculations - You must assume monthly mortgage payment frequency; hint, and use amortization schedule)