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Mathematics, 21.07.2019 13:30 3345

Vernon has obtained a $105,000, 5/1 30-year arm at 5%. during the first 3 years, he has an option of paying interest only. if he accepts this offer, what would be his initial payment?

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Vernon has obtained a $105,000, 5/1 30-year arm at 5%. during the first 3 years, he has an option of...
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