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Mathematics, 03.02.2021 19:50 addiestreets

Bob has a 30-year adjustable rate mortgage that has a rate of 2.8% for the first 3 years. The amount of the mortgage is $109,000. What is the monthly payment during this initial period? a.) $302.77
b.) $311.26
c.) $447.87
d.) $505.62

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