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Mathematics, 06.04.2020 05:56 dezmondpowell
Rachel is purchasing a condominium and is financing $485,000 with a 30-year 6/1 ARM at 4.95% with a 1/10 cap structure. What will her payments be at the beginning of year 7? (3 points)
a
$2845.65
b
$2588.78
c
$2598.90
d
$2326.22
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Answers: 3
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Rachel is purchasing a condominium and is financing $485,000 with a 30-year 6/1 ARM at 4.95% with a...
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