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5 June, 07:37

Cecil has obtained a $139,000, 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 be his initial payment? A.$732.09 B.$756.92 C.$579.17 D.$587.50

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  1. 5 June, 07:53
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    The answer to this is ... C. $579.17
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