Mathematics, 26.11.2019 19:31 EndiaGracee

Jessica has obtained a 5/1 30-year arm to purchase a $179,000 home. the
fixed-interest rate is 5.75%, followed by a 6% rate with a 1% margin. what will
her new monthly payment be after the initial fixed period ends?
o a. $1207.98
o b. $1417.34
o c. $1092.98
o d. $1173.57

Answers: 1

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Jessica has obtained a 5/1 30-year arm to purchase a $179,000 home. the fixed-interest rate is 5.75%, followed by a 6% rate with a 1% margin. what will her new monthly payment be after the initial fixed period ends? o a. $1207.98 o b. $1417.34 o c. $1092.98 o d. $1173.57

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Other questions on the subject: Mathematics

Questions in other subjects:

Jessica has obtained a 5/1 30-year arm to purchase a $179,000 home. the
fixed-interest rate is 5.75%, followed by a 6% rate with a 1% margin. what will
her new monthly payment be after the initial fixed period ends?
o a. $1207.98
o b. $1417.34
o c. $1092.98
o d. $1173.57