Abank advertises an adjustable rate mortgage with the following terms: 15 year 6/1 arm at 5% with a 2/6 cap structure. what are the maximum interest rates for the 7th year and for the life of the mortgage

      Best   Jalysa J

A $900,000 balloon mortgage has terms of 25/7 with a 4% interest rate. What is the monthly payment rounded to the nearest dollar?

a.$4,751 / mo

The payments are the same as a 25 year fixed mortgage with 4% APR. The only difference is after 7 years the remaining balance (the "balloon") is due immediately.

Hope that helps -pl mark me as brainliest I wanna be a expert own here :(

1200 inches = 30 yards12 inches= 1 foot3 feet= 1 yard3feet= 36 inchesyou can set up a proportion then use inverse operations that looks sorry it looks so sloppy lol