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You are considering a 7/1 ARM. What does the 1 represent?
O A. The number of years between adj...
Mathematics, 31.05.2020 09:57, makennahudson94
You are considering a 7/1 ARM. What does the 1 represent?
O A. The number of years between adjustments in the interest rate
OB. The number of years that a fixed interest rate will be applied to the loan
OC. The total number of years in the loan
OD. The interest rate of the initial fixed-rate loan period
Answers: 1
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