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Kss612 Kss612
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A year ago
If you have an adjustable rate mortgage with an initial rate of 4 percent, an annual interest rate cap of 1 percentage point, and a lifetime cap of 5 percentage points, what is the maximum annual interest rate you could end up paying on the ARM?

▸ 6 percent

▸ 9 percent

▸ 10 percent

▸ 5 percent
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Personal Finance

Personal Finance


Edition: 2nd
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bolusmachinebolusmachine
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A year ago
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Kss612 Author
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A year ago
Thanks
Jodias
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Yesterday
Good timing, thanks!
gefa
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2 hours ago
this is exactly what I needed
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