Business, 31.03.2020 06:46 jorden7544

Question 7 of 40
5 Points
You are considering a 3/5 ARM. What does the 5 represent?
O
A. The interest rate of the initial, fixed-rate loan period
B. The number of years that a fixed interest rate will be applied to the
loan
O
C. The total number of years in the loan
O
D. The number of years between adjustments in the interest rate

Answers: 3

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Question 7 of 40
5 Points
You are considering a 3/5 ARM. What does the 5 represent?

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