A bank advertises an adjustable rate mortgage with the following terms:
20 year 4/1 ARM at 3% with a 3/7 cap structure
What are the maximum interest rates for the 5th year and for the life of the mortgage?
a. 5th year: 6% ; Lifetime: 7%
b. 5th year: 6%; Lifetime: 10%
c. 5th year: 4%; Lifetime: 7%
d. 5th year: 4%; Lifetime 11%

Consider a cube that has sides of length l. now consider putting the largest sphere you can inside this cube without any point on the sphere lying outside of the cube. the volume ratio -volume of the sphere/ volume of the cube is 1. 5.2 × 10−1 2. 3.8 × 10−1 3. 1.9 4. 2.5 × 10−1 5. 3.8

Ascientist has 50 grams of a radioactive element. the amount of radioactive element remaining after t days can be determined using the equation (1) after two days the scientist receives a second shipment of 50 grams of the same element. the equation used to represent the amount of shipment 2 remaining after t days is 10) - 50 which of the following is an equivalent form of the expression for the amount remaining in shipment 2? what’s the answer?

Select the correct answer and solve for y