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aev [14]
2 years ago
12

Adjustable rate mortgage offer: purchase price: $170,000 term: 30 years interest rate: 3.5% months before first adjustment: 12 m

onths between rate adjustments: 12 maximum rate: 8.0% use this example from an adjustable-rate mortgage calculator to help you answer the questions. according to the calculator, the initial monthly payment demarco and tanya should anticipate paying on principal and interest is . this amount is than the fixed-rate mortgage payment for principal and interest. the total amount they should anticipate paying monthly is .
Social Studies
1 answer:
kondaur [170]2 years ago
4 0

$611, lower, and $819. i had to learn the hard way.

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