You are considering a 5/1 ARM. What does the 1 represent?
2 answers:
Answer:
B. The number of years between adjustments in the interest rate
Step-by-step explanation:
The "5" in "5/1" means there will not be any adjustment in interest rate for the first 5 years.
The "1" in "5/1" means interest rates may be adjusted at 1-year intervals after the initial 5-year period.
Answer: The number of years between adjustments in the interest rate
Step-by-step explanation:
APEX
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The answers is 24, 25, and 26.
16. M = 1/5
17. M =3
18. Slope 1/4 and y-intercept (0,2)
Answer:
Slope: -1/2
Step-by-step explanation:
Take a look at the slope formula
2-(-4)/3-(-1)
=-2/4
=-1/2
Answer:
i cant see the graph, how do you expect us to awser you
Answer: B 1/9
Step-by-step explanation:
