Finance 340 - real estate questions

People Window Help MInbox(2358)--x GCoogie--? Assume-ouHRY-Lgi-CAS-VQChapter16.nx Iwloome u e https:/ htm ork 5-Chapters 15 to 17 Help Save &Exit Submit MC Qu. 34 You have taken out a $100,000, You have taken out a $100,000, one-year ARM The teaser rate in the first year is 45% lannua) The inde interest rate after the first year is 325% and the margin is 275%, (Note: The term on this ARM is 30 years, There is aso a periodic (annual rate cap of 100%. Given this information, determine the monthly mortgage payment you would be scheduled to make in month 13 of the mortgage loan's term Multiple Choice es $566 26 $59721 $506.69 32164