Question

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Answer 1

Aren't the payments guaranteed for the first 3 years?

Answer 2

$3,488.13

$3,435.66

$3,129.59

$2,247.37

Answer 3

those are the options

Answer 4

Please need help!

Answer 5

I don't actually care what the given answers are. I want you to learn the material. Please answer the question.

Answer 6

I don't understand what your asking?

Answer 7

15-year 3/1 ARM

Does that, or does that not mean the payments are guaranteed for 3 years.

Answer 8

i always wonder when i see these questions
clearly there is a formula to use, something written somewhere to look at, and plug in the numbers in the appropriate spots, then probably use a calculator
how can anyone possibly know all of these formulae? the answer is you cannot
have to look it up

Answer 9

i actually know the formula for a regular monthly mortgage payment, given the initial principle, the annual percentage rate and the term of the loan.

but this has some other business attached
it is the kind of question that can only be answered by putting numbers in a formula known to you

Answer 10

I have to agree with satellite73, but if we can answer my questions we might get there.

Answer 11

I got the answer is C

Answer 12

its*

Answer 13

how did you get it?