Question: A 3 ? ARM is made for $ 1 5 4 0 0 0 at 7 percent whth e 3 0 yew maturly. Bequiredt. mostily

A 3? ARM is made for $154000 at 7 percent whth e 30 yew maturly.
Bequiredt. mostily popments? What wal be the lown balanot ahe three yens?
b. What would new peymerts be beginning in pear 4 if the interest defe lelt lo 4 gercont and the lows gontrued to be fily mortizing? Imerent rnes fets bo 6 percent and the loan becathe faly amorting?
A 3 ? ARM is made for $ 1 5 4 0 0 0 at 7 percent

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