Graduated payments results in the borrower paying

Mathematics

1 answer:

Marrrta [24]3 years ago

3 0

Answer:

C. Less at the beginning of the mortgage

Step-by-step explanation:

The idea of a <em>graduated payment mortgage</em> is to make the mortgage more affordable, assuming the resources available to pay it will increase over time. The initial payments are lower, usually increasing by a few percent per year.

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Step-by-step explanation:

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