HelgaSuoboda59
Answered

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please help. In desperate need because i need to graduate. You are considering a 5/1 ARM. What does the 5 represent? A) the interest rate of the initial, fixed-rate loan period B) the number of years that a fixed interest rate will be applied to the loan C) the number of years between adjustments in the interest rate D) the total number of years in the loan

Sagot :

It's letter B. The number of years that a fixed interest rate will be applied to the loan
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