Question: #6 please answer part A and B Assume that a lender offers a 30-year, ( $ 155,000 ) adjustable rate mortgage (ARM) with the following

#6 please answer part A and B Assume that a lender offers a 30-year, $ \$ 155,000 $ adjustable rate mortgage (ARM) with the following terms: Initial interest rate $ =7.5 $ percent Index = one-year Treasuries Payments reset eac 2 answers

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