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#6 please answer part A and B Assume that a lender offers a 30-year, ( $ 155,000 ) adjustable rate mortgage (ARM) with the following

#6 please answer part A and B Assume that a lender offers a 30-year, \( \$ 155,000 \) adjustable rate mortgage (ARM) with the following terms: Initial interest rate \( =7.5 \) percent Index = one-year Treasuries Payments reset eac 2 answers

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