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You want to pay off your mortgage on something called an accelerated bi-weekly payment plan. You have a a mortgage of $600,000 amortized over 35

You want to pay off your mortgage on something called an accelerated bi-weekly payment plan. You have a a mortgage of $600,000 amortized over 35 years at a rate of 4.5 percent APR compound semi-annually (assume 52 weeks a year)

A. what would the regular bi-weekly payment be?

B. What would the accelerated bi-weekly payment be?

C. how much quicker would you pay off the mortgage payment? (in years)

D. How much interest would you save by doing the accelerated bi-weekly payment?

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