Answer:
A
Step-by-step explanation:
In this case we have an ARM fixed for 6 years and adjust after the initial first 6 years every 2 years after. The basic idea behind a ARM is that the interest changes periodically, but since our ARM is fixed for 6 years, our going to calculate the monthly payment during the initial period using the formula:

where

is the monthly payment

is the amount

is the interest rate in decimal form

is the number years
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:

We also know from our question that

and

, so lets replace those values into our formula to find the monthly payment:


We can conclude that the monthly payment during the initial period is $1071.58<span />
See the explanation
<h2>
Explanation:</h2>
Remember you have to provide complete questions in order to get exact answers. Here I'll provide a general explanation, so:
<h3>First.</h3>

The slope is:

The y-intercept is:

By using graphing tool, we get the first graph shown below.
<h3>Second.</h3>

The slope is:

The y-intercept is:

By using graphing tool, we get the second graph shown below.
<h3>Third.</h3>

The slope is:

The y-intercept is:

By using graphing tool, we get the third graph shown below.
<h3>Fourth.</h3>

The slope is:

The y-intercept is:

By using graphing tool, we get the fourth graph shown below.
<h2>Learn more:</h2>
Linear inequalities: brainly.com/question/12984296
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