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 />
Answer:
R = sqrt[(IWL)^2/(E^2 - I^2)] or R = -sqrt[(IWL)^2/(E^2 - I^2)]
Step-by-step explanation:
Squaring both sides of equation:
I^2 = (ER)^2/(R^2 + (WL)^2)
<=>(ER)^2 = (I^2)*(R^2 + (WL)^2)
<=>(ER)^2 - (IR)^2 = (IWL)^2
<=> R^2(E^2 - I^2) = (IWL)^2
<=> R^2 = (IWL)^2/(E^2 - I^2)
<=> R = sqrt[(IWL)^2/(E^2 - I^2)] or R = -sqrt[(IWL)^2/(E^2 - I^2)]
Hope this helps!
x²(x - 4)(2x + 5) = 0
x² = 0 or x - 4 = 0 or 2x + 5 = 0
√x = √0 or x = 4 or 2x = -5
x = 0 x = 
Answer: 0, 4, 
<h2>
Answer:</h2>
<u>The cost would be </u><u>$15.86</u>
<h2>
Step-by-step explanation:</h2>
The cost of 1 steak is $6.10
The cost of 2 3/5 steaks will be
Cost of 2 3/5 steaks = 6.10 * 2 3/5
Cost of 2 3/5 steaks = $15.86