Question: Your $ 1 9 0 0 0 0 . 0 0 mortgage renewal offer is amortized for 2 2 . 5 years. Interest rates exploded

Your $190000.00 mortgage renewal offer is amortized for 22.5 years. Interest rates exploded higher to an astonishing 6.9% compounded semi-annually for a four-year term.
Compute the size of your new monthly payment.
Question 12 options:
1387.59
1355.31
1376.22
1382.98
1363.18

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