Question 7 of 40
5 Points
You are considering a 3/5 ARM. What does the 5 represent?
O
A. The interest rate of the initial, fixed-rate loan period
B. The number of years that a fixed interest rate will be applied to the
loan
O
C. The total number of years in the loan
O
D. The number of years between adjustments in the interest rate

answer; ///i believe that the correct answer is (a) it is the means by which a person earns money;

(a) when insurance is obtained through a reciprocal insurer, the insureds are sharing the risk of loss with other subscribers of that reciprocal.

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answer; buyer guide;