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Mathematics, 19.05.2020 10:58 hiji0206

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What is a periodic adjustment cap?
A. A limit on how many years a loan can be for
B. A limit on a loan's initial interest rate
C. A limit on how much an ARM's interest rate can change at each
adjustment period
O D. A limit on how many times the rate can be adjusted

A limit on how much an ARM’s interest rate can change at each adjustment period

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2 Points
What is a periodic adjustment cap?
A. A limit on how many years a loan can be f...
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