HELP ASAP PLEASE
You are considering a 3/5 ARM. What does the 5 represent?
A. The number of y...
Business, 19.05.2021 02:40 NikkiZoeller
HELP ASAP PLEASE
You are considering a 3/5 ARM. What does the 5 represent?
A. The number of years between adjustments in the interest rate
B. The interest rate of the initial, fixed-rate loan period
C. The total number of years in the loan
D. The number of years that a fixed interest rate will be applied to the
loan
Answers: 3
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