Aimee and Ben are purchasing a condominium and are financing $520,500. The mortgage is a 30-year 4/1 ARM at 2.25% with a cap structure of 1.5/9. What will their payments be for the first 4 years? (3 points) Question 2 options: 1) $1,989.59 2) $2,410.52 3) $2,695.19 4) $4,188.06

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!

the answer is 9 because the question is telling how much it be together.