Mathematics, 02.04.2020 01:41 senituliii

Steven has obtained a 105,000 5/1 30-year ARM at 5%. During the first 3 years, he has an option of paying interest only. If he were to accept this offer , what would be his initial payment be?

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Steven has obtained a 105,000 5/1 30-year ARM at 5%. During the first 3 years, he has an option of p...

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