Question: FTLAPR for ARM (Term=30 years, Initial Note = 3.50, Loan Amount = 200,000, Margin = 2.5, Initial Index = 3, Points=2). Annual Adjustments with no

FTLAPR for ARM (Term=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 payment constraints. What is the FTLAPR?

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