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Murljashka [212]
3 years ago
5

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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When you have this type of problem, you need to combine the like-terms and isolate the variable.

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