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You want to pay off your mortgage on something called an accelerated bi-weekly payment plan your parents told you . You have a mortgage of

You want to pay off your mortgage on something called an accelerated bi-weekly payment plan your parents told you . You have a mortgage of $590,000 amortized over 34 years at a rate of 4.4 percent APR compounded semi-annually.(Assume 52 weeks a year.)

a.What would the regular bi-weekly payment be?(Do not round your intermediate calculations. Round your answer to 2 decimal places. Omit the "$"sign in your response.)

Regular bi-weekly payment$

b.What would the accelerated bi-weekly payment be?(Do not round your intermediate calculations. Round your answer to 2 decimal places. Omit the "$"sign in your response.)

Accelerated bi-weekly payment$

c.How long will it take to pay off the mortgage payment?(Do not round your intermediate calculations. Round your answer to 3 decimal places.)

Pay off periodyears

d.How much interest would you save by doing the accelerated bi-weekly payment?(Do not round your intermediate calculations. Round your answer to 2 decimal places. Omit the "$"sign in your response.)

Savings in interest payment$

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