Question: A $ 1 5 0 , 0 0 0 mortgage was amortized over 1 0 years by monthly repayments. The interest rate on the mortgage

A $150,000 mortgage was amortized over 10 years by monthly repayments. The interest rate on the mortgage was fixed at 4.40% compounded semi-annually for the entire period.
a. Calculate the size of the payments rounded up to the next $100.
b. Using the payment from part a., calculate the size of the final payment.

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