Question: (Continued from previous question) Professor Elmtwig makes a monthly payment of $1600 on his mortgage. The original term of the mortgage is for 35 years

(Continued from previous question) Professor Elmtwig makes a monthly payment of $1600 on his mortgage. The original term of the mortgage is for 35 years at 8.75% interest compounded semi-annually. His lender suggests that if he makes bi-weekly payments of $800, it will reduce how long it will take to pay off the mortgage. How much faster will the mortgage be paid off if Elmtwig makes the bi-weekly payments (26 payments per year)? (Answer in years by multiplying n by 26. Round to two decimal places.)

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