Mathematics, 03.02.2021 19:50 luella614ox1zum
A bank advertises an adjustable rate mortgage with the following terms:
20 year 4/1 ARM at 3% with a 3/7 cap structure
What are the maximum interest rates for the 5th year and for the life of the mortgage?
a.) 5th year: 6%; Lifetime: 7%
b.) 5th year: 6%; Lifetime: 10%
c.) 5th year: 4%; Lifetime: 7%
d.) 5th year: 4%; Lifetime: 11%
Answers: 3
Mathematics, 20.06.2019 18:04
P= $1400,300 r = 7 1/2% t = 4 what is i ? $4.29 $429.00 $4290.00
Answers: 1
Mathematics, 21.06.2019 22:00
Aschool had an election where the candidates received votes in the ratio 1: 2: 3. if the winning candidate received 210 votes, how many total people voted in the election?
Answers: 1
A bank advertises an adjustable rate mortgage with the following terms:
20 year 4/1 ARM at 3% with...
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