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an adjustable-rate 30-year mortgage for $123.000 starts at 4 percent and increases to 5.5 percent, what is the amount of increase of the monthly payment?

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an adjustable-rate 30-year mortgage for $123.000 starts at 4 percent and increases to 5.5 percent, what is the amount of increase of the monthly payment? (Use Exhibit 9-2) (Round your answer to 2 decimal places.) Increase in Monthly Payment Torm Rato 30 Years 25 YORTS 20 YORTS 15 YAS 3.09. $4.22 $474 $5.55 $6.91 3.5 4.49 5.01 5.80 7.15 4.0 477 5.28 6.06 7.40 4.5 5.07 5.56 6.83 765 5.0 5.37 5.85 6.60 791 5.5 5.68 6.14 6.88 8.17 6.0 6.00 6.44 716 8.47 6.5 6.32 6.67 7.45 8.71 7.0 6.65 7.06 7.75 8.98 7.5 6.99 7.39 8.06 9.27 8.0 7.34 7.72 8136 9.56 8.5 7.69 8.05 8.68 9.85

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