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29 September, 04:57

You are considering a 3/5 arm what does 5 represent

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  1. 29 September, 05:15
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    In a fraction, the denominator (which is 5) represents the number of equal parts in a whole (basically the whole object or whatever it is representing) so with 3/5 or 3 over 5, the 5 is the whole and the 3 is the amount being measured in that whole.

    If incorrect, Sorry
  2. 29 September, 05:24
    0
    The number of years between adjustments in the interest rate
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