Mathematics, 18.06.2020 01:57 joho38
QUESTION 3 of 10: You have a $112,000 adjustable rate mortgage that was 8% per year. You were just notified that next year it is going up to
13%. What is the annual dollar difference between the old and newly adjusted interest rates if your balance stayed the same at $112,000?
a) $1,120
b) $1,253
c) $5,600
d) $8,960
Answers: 3
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QUESTION 3 of 10: You have a $112,000 adjustable rate mortgage that was 8% per year. You were just n...
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