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Mathematics, 25.01.2021 21:40 neharikakalasapkkam

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?

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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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