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Mathematics, 13.01.2020 15:31 Chartwig4831
Stefani is purchasing a house and finances $410,350 of the purchasing price. the mortgage is a 30 year 7/3 arm at 6.5% with a 4/13 cap structure. what will the remaining balance be after the first seven years? (show work)
a= $371,023.06
b= $217,870.06
c= $357,112.36
d= $192,479.94
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Answers: 1
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Stefani is purchasing a house and finances $410,350 of the purchasing price. the mortgage is a 30 ye...
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