Kristi and Jason are purchasing a house and are financing $355,000. The mortgage is a 30-year
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Mathematics, 06.04.2020 05:50 genyjoannerubiera
Kristi and Jason are purchasing a house and are financing $355,000. The mortgage is a 30-year
6/2 ARM at 3.25% with a 3/6 cap structure. What will the remaining balance be after the first 6 years? (3 points)
a
$317,038.99
b
$286,556.77
c
$308,679.17
d
$331,347.21
Answers: 2
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