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Business, 19.01.2022 14:00 chrisroth2924

An ARM loan has a 4.00% start rate, and it is time for the first adjustment to be made. It has a periodic cap of 1% and a lifetime cap of 5%. What is the highest that the interest rate could be after the first adjustment?

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An ARM loan has a 4.00% start rate, and it is time for the first adjustment to be made. It has a per...
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