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Mathematics, 11.03.2021 09:00 realoneree

PLEASE HELP!! Calculate the Adjustable Rate Mortgage (ARM) for a $126,800 home for 25 years with the first 3 years at
2.99% and after 3 years 5.25% APR. What is the total
amount of interest paid over the first 3 years? (Hint:
Use the Compound Interest Formula)

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Answers: 2

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