Question: answer is 5.5%. How do I solve to get this answer? TLAPR for ARM (Tor-30 years, Initial Note = 3.50. Loan Amount = 200,000, Margin

answer is 5.5%. How do I solve to get this answer?

TLAPR for ARM (Tor-30 years, Initial Note = 3.50. Loan Amount = 200,000, Margin = 2.5, Initial Index = 3, Points-2). Annual Adjustments with no interest rate or ayment constraints. What is the FTLAPR? Answers: 5,5%

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