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Mathematics, 16.01.2021 01:00 skmc1985

George has obtained a $141000 5/1 30-year ARM at 5%. During the first 3 years, he has an option of paying interest only. If he were to accept this offer, what would his initial payment be

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George has obtained a $141000 5/1 30-year ARM at 5%. During the first 3 years, he has an option of p...
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