Mathematics
sathoumani2
2016-09-24 03:43:36
joseph has obtained a $169,000, 5/1 30-year ARM at 5%. during the first 3 years he has an option of paying interest only. if he accepts this offer, what would His initial payment be?
ANSWERS
georgiamzisisG
2016-09-24 06:41:03

$25,250 for all three years

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