Chevy and Judith are purchasing a townhouse and finance 154,200 30 year 5/3 ARM at 6.45% with a 4/13 cap structure. What will there payments be at the beginning of the sixth year assuming they are charged maximum interest rate for that year?

It will cost $540i think

The question is kind of confusing. if it's asking how many variations of answers can you give. then do 4^5 for your answer.this would be something like the first question could be a and the 2nd c or first b next c etc. if you can, ask the teacher for a better confirmation of what it's asking. if i'm assuming correctly what it's asking, it's 625 different variations.