A mortgage for a condominium had a principal balance of $41,500 that had to be amortized over the remaining period of 5

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A mortgage for a condominium had a principal balance of $41,500
that had to be amortized over the remaining period of 5 years. The
interest rate was fixed at 5.42% compounded semi-annually and
payments were made monthly.
Full solutions should be shown on separate sheets of
paper. Submit your solutions.
a. Calculate the size of the payments.
Round up to the next whole number
b. If the monthly payments were set at
$891, by how many payments would the mortgage shorten?
payments