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laila [671]
3 years ago
5

What does "ARM" stand for? A. Adjustable-rate mortgage B. Advised mortgage rate C. Adjusted-rate mortgage D. Amortized real mort

gage
2b2t
Business
1 answer:
disa [49]3 years ago
4 0

Answer:

A. Adjustable-rate mortgage

Explanation:

An Adjustable-rate mortgage in which the interest rate applied on the out standing balance varies throughout the life of the loan

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