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OpenStudy (anonymous):
stacy is purchasing a house and finances $160,450 of the purchase price. The mortgage is a 15-year 4/3 ARM at 4.5% with a 2/8 cap tructure. What will the remaining balance be after the first 4 years?
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OpenStudy (anonymous):
Tag him @BacardiDavis
OpenStudy (anonymous):
yeah :P @BacardiDavis
OpenStudy (anonymous):
@zaphodplaysitsafe
OpenStudy (anonymous):
@skinny23 , sorry some finance terms went above my head like cap structure
OpenStudy (anonymous):
ok
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