Question: A particular adjustable rate mortgage (ARM) will maintain its initial interest rate for eight years, and each year afterward it will be adjusted. Which

A particular adjustable rate mortgage (ARM) will maintain its initial interest rate

A particular adjustable rate mortgage (ARM) will maintain its initial interest rate for eight years, and each year afterward it will be adjusted. Which of these symbolically expresses that loan arrangement? O 1/8 O 8/1 O 1/1 O 8/8

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