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2 Moving to another question will save this response. Question 1 of 30 iestion 1 4 points Angelica wants to take out an Adjustable Rate
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Moving to another question will save this response. Question 1 of 30 iestion 1 4 points Angelica wants to take out an Adjustable Rate Mortgage for $841266. She is offered a 30 year, 3/1 ARM with an initial teaser rate of 3.75%. The reset margin on the loan is 300 basis points above 1 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 (e.g. if the answer is $2345.123, write 2345.12) Consider the following tax schedule for the year 2023: Suppose your taxable income in 2023 is $62004. How much will you owe in taxes? State your answer as a number rounded to two decimal points (e.g. if your answer is $5,678.784, write 5678.78 )
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