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Question 5 ( 2 points ) A mortage that begins at one rate of interest, then fluctuates up or down based on an economic indicator

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5 (2

points

)

A mortage that begins at one rate of interest, then fluctuates up or down based on

an economic indicator is known as a

(

)

reverse mortgage.

equity mortgage.

adjustable

-

rate mortgage

amortized loan.

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