s163363 s163363
  • 16-04-2020
  • Mathematics
contestada

Karla and Juan are purchasing a house and are financing $590,000. The mortgage is a 20-year
6/1 ARM at 3.75% with a 3/8 cap structure. What will the remaining balance be after the first 6 years? (3 points)

$456,659.67

$481,013.90

$531,456.17

$506,961.20

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garrettwheeler1
garrettwheeler1 garrettwheeler1
  • 16-04-2020
456,659.67 remaining
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