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can someone pls help have a couple min left A 5/1 hybrid ARM is made for $100,000 at an initial rate of 7% and a
can someone pls help have a couple min left
A 5/1 hybrid ARM is made for $100,000 at an initial rate of 7% and a 25-year maturity. What would new payments be beginning in year 6 if the interest rate fell to 6%?
Question 41 options:
$537.85
$653.11
$683.33
$706.78
$591.19
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