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Suppose yau borraw 1/97,500 on a 30 year adiustable rate mortgage loon. The fixed Perod...

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Suppose yau borraw 1/97,500 on a 30 year adiustable rate mortgage loon. The fixed Perod is 5 years and the initial interest rate is 4.25% After the end of the Fice year Fixed period, the rate is adjusted up to 6% Find your new monthly Payment

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