Mathematics, 04.01.2021 21:50 McGregorshamara
Kyle is considering a 7/1 ARM. What does the 7 represent?
A. The number of years between adjustments in the interest rate
B. His monthly payment
C. The number of years the fixed interest rate will be applied to the
loan
D. The total number of years of the loan
SUBM
Answers: 1
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Kyle is considering a 7/1 ARM. What does the 7 represent?
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