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:
D
Step-by-step explanation:
Answer: possible values of Range will be values that are >=91 or <=998
Step-by-step explanation:
Given that :
Set Q contains 20 positive integer values. The smallest value in Set Q is a single digit value and the largest value in Set Q is a three digit value.
Therefore,
given that the smallest value in set Q is a one digit number :
Then lower unit = 1, upper unit = 9( this represents the lowest and highest one digit number)
Also, the largest value in Set Q is a three digit value:
Then lower unit = 100, upper unit = 999 ( this represents the lowest and highest 3 digit numbers).
Therefore, the possible values of the range in SET Q:
The maximum possible range of the values in set Q = (Highest possible three digit value - lowest possible one digit) = (999 - 1) = 998
The least possible range of values in set Q = (lowest possible three digit value - highest possible one digit value) = (100 - 9) = 91
Ooh so the directions tell us what we need to find the entire line, which is made up of FH. so just add GH (15) and FG (6) together to find FH. so that is 21. FH=21.