Mathematics, 20.01.2021 01:30 gabbym39077

Christopher is considering a 5/1 ARM. what does the 1 represent? a. the number of years between adjustments in the interest rate.
b. his monthly payment
c. the total number of year of the loan.
d. the number of years the fixed interest rate will be applied to the loan

Answers: 1

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Christopher is considering a 5/1 ARM. what does the 1 represent? a. the number of years between adj...

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Christopher is considering a 5/1 ARM. what does the 1 represent? a. the number of years between adjustments in the interest rate. b. his monthly payment c. the total number of year of the loan. d. the number of years the fixed interest rate will be applied to the loan

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Christopher is considering a 5/1 ARM. what does the 1 represent? a. the number of years between adjustments in the interest rate.
b. his monthly payment
c. the total number of year of the loan.
d. the number of years the fixed interest rate will be applied to the loan