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Mathematics, 14.12.2019 06:31 archersmithdrag

What is an advantage of an adjustable rate mortgage?
a- a borrower always knows how much to pay the bank each month
b- a borrower can purchase a home with a little financial risk
c- a drop in interest rates may result in lower monthly payments
d- a rise in interest rates may result in lower monthly payment

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What is an advantage of an adjustable rate mortgage?
a- a borrower always knows how much to p...
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