Question: (Do not round intermediate calculations, round your answer to the 2 decimal points) You are arranging a $360,000 Canadian mortgage with a 29-year amortization period

(Do not round intermediate calculations, round your answer to the 2 decimal points) You are arranging a $360,000 Canadian mortgage with a 29-year amortization period and a 6.5% posted interest rate., the monthly interest rate equivalent is % and mortgage payment is $ Suppose the bank offers you the opportunity to pay your monthly payments in two equal instalments (pay one-half of the monthly payment every 2 weeks), the number of periods it will take to pay off the mortgage is and the mortgage is paid off in years sooner

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