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 />
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<h2>→ <u>Explanation :-</u></h2>
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Answer:
43.5
Step-by-step explanation:
Set it up like 3x-5+x+1=180. Combine the variables and the numbers without a letter next to it. 4x+6=180. Subtract 6 from 180. Divide that number by 4.
Answer:
im not very good at geometry but is there any choices you could pick from
Step-by-step explanation: