6. Adam is approved for a 25-year 6/1 ARM at 4.35% with a 4/14 cap structure in the amount of $308,400. Assuming Adam is charged the maximum Interest rate, what will his monthly payments be at the beginning of the seventh year? (2 points)
O $1,431.85
$1,688.04
O $2,080.06
O $2,291.86

the answer is d. 75%

pay attention in your classes and concentrate the best thing you can do to raise your test scores is to pay attention when you're supposed to be learning the material: in class!

take good notes.

do your homework.

use mnemonics and other tricks.

do practice tests.

note: the best i know.

solution:

the given function is ,

      =

the three roots of this quadratic function is , 0 ,8 and 10.all the roots are real and rational.

if a quadratic equation is of the form ,

sum of the roots = a + b +c= 0+8+10=18=  

product of roots taken two at a time = a b + b c+ c a = 0+80+0=80 =  

product of roots = a b c = 0=  

there are 11 doors in a hall starting from 0 to 11.the entry in the hall is permitted through gate number 0 and exit is allowed through only gate number 8 and 10.so, three roots(0,8,10) of quadratic function is given by entry and exit route of this hall.