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Business, 01.03.2021 22:00 angelicadattoli

An interest-only ARM is made for $89,000 for 30 years. The start rate is 7.5-percent and the borrower will make monthly interest-only payments for three years. What will the payments be?

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An interest-only ARM is made for $89,000 for 30 years. The start rate is 7.5-percent and the borrowe...
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