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A price level adjusted mortgage (PLAM) is made with thefollowing terms: Amount = $95,700 Initial interest rate = 4 percentTerm = 30 years Points =

A price level adjusted mortgage (PLAM) is made with thefollowing terms: Amount = $95,700 Initial interest rate = 4 percentTerm = 30 years Points = 6 percent Payments to be reset at thebeginning of 2 answers

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