Answer:
correct answers bc and d just did it
Step-by-step explanation:
Answer:
The number of years between adjustments in the interest rate
Step-by-step explanation:
The 7 stands for the number of years that it will be fixed, or constant, while the later or the ARM, the 1, is the number of years between adjustments. This would still stand for an ARM with 5/1 or 7/2.
(apex verified)
Answer:
I'm gonna go with D
Step-by-step explanation:
If it's wrong meh bad
The exact answer would be 78/55, or 1 23/55