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27 February, 18:37

Lexi has obtained a 5/1 30-year ARM to purchase a $125,000 home. The

fixed-interest rate is 4.75%, followed by a 5% rate with a 1.25% margin. What

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

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Answers (1)
  1. 27 February, 19:00
    0
    754.48$

    Step-by-step explanation:

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