Ask your own question, for FREE!
Mathematics 13 Online
OpenStudy (anonymous):

A bank advertise a 2/1 ARM at 5.15% with a 2/6 cap. What is the maximum interest rat that can be charged during the fifth year?

OpenStudy (anonymous):

answer choices: 1. 11.15% 2. 6% 3. 5.15% 4. 2%

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
Arriyanalol: i need help
21 hours ago 7 Replies 1 Medal
Arriyanalol: CONGRATS to me
1 day ago 8 Replies 2 Medals
Legomaster346: What colleges are good that are near Arab Alabama?
1 week ago 5 Replies 0 Medals
Arriyanalol: i need help
1 week ago 6 Replies 2 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!