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Aditya has a mortgage for $682,463.00. The term of the mortgage is 5 years, and the amortization period is 20 years. Aditya will make bi-weekly payments and the mortgage rate is 12) = 7.500%. The bank offers Aditya a flexible repayment plan, so once a year he can miss a payment or make a payment twice as large as usual. Each year, Aditya doubles the last payment of the year. a) How much would Aditya owe at the end of the mortgage term if they didn't double any payments? $ b) How much does Aditya still owe at the end of the mortgage term (including the extra/missed payments)? w $ Certainty : C=1 (Unsure: 67%) C =3 (Quite sure: >80%) Aditya has a mortgage for $682,463.00. The term of the mortgage is 5 years, and the amortization period is 20 years. Aditya will make bi-weekly payments and the mortgage rate is 12) = 7.500%. The bank offers Aditya a flexible repayment plan, so once a year he can miss a payment or make a payment twice as large as usual. Each year, Aditya doubles the last payment of the year. a) How much would Aditya owe at the end of the mortgage term if they didn't double any payments? $ b) How much does Aditya still owe at the end of the mortgage term (including the extra/missed payments)? w $ Certainty : C=1 (Unsure: 67%) C =3 (Quite sure: >80%)

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