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14 August, 23:47

Jessica has obtained a 5/1 30-year ARM to purchase a $179,000 home. The

fixed-interest rate is 5.75%, followed by a 6% rate with a 1% margin. What will

her new monthly payment be after the initial fixed period ends?

O A. $1207.98

O B. $1417.34

O c. $1092.98

O D. $1173.57

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Answers (2)
  1. 15 August, 00:20
    0
    Answer: 1173.57
  2. 15 August, 03:07
    0
    Answer: $1173.57 APEX
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