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Mathematics, 01.02.2020 00:54 chicapunk1736

Abank advertises an adjustable rate mortgage with the following terms: 15 year 6/1 arm at 5% with a 2/6 cap structure. what are the maximum interest rates for the 7th year and for the life of the mortgage

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Abank advertises an adjustable rate mortgage with the following terms: 15 year 6/1 arm at 5% with a...
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