Mathematics, 17.05.2021 20:30 moses638
Ben has a 6-month adjustable 20-year mortgage. He borrowed $205,000 and was
quoted an initial rate of 4.25%. After 6 months, he still owes $201,710.66 and his
rate increased by 0.75%. Find the monthly payment for the initial rate and after
the increase.
Answers: 2
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Ben has a 6-month adjustable 20-year mortgage. He borrowed $205,000 and was
quoted an initial rate...
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