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1 5 - Angelica wants to take out a $ 3 9 0 1 Adjustable Rate Mortgage. She is offered a 3 0 year, 3
Angelica wants to take out a $ Adjustable Rate Mortgage. She is offered a year, ARM with an initial teaser rate of The reset margin on the loan is basis points above year CMT What will be Angelica's monthly mortgage payments during the first three years with this mortgage? State your answer as a number rounded to two decimal points eg if the answer is $ write
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