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Business, 13.02.2020 21:39 ezelle

You are considering a 5/1 ARM. What does the 5 represent?
O
A. The number of years that a fixed interest rate will be applied to the
loan
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B. The number of years between adjustments in the interest rate
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C. The total number of years in the loan
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D. The interest rate of the initial fixed-rate loan period
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Answers: 3

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You are considering a 5/1 ARM. What does the 5 represent?
O
A. The number of years that...

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