Question: Your ARM has a two year adjustment interval, 4% margin, 2% periodic rate cap and a 6% lifetime cap. This year the market interest index

Your ARM has a two year adjustment interval, 4% margin, 2% periodic rate cap and a 6% lifetime cap. This year the market interest index increased by 2.75%. What will happen to your APR on this loan? OA. It will increase by 2% OB. It will increase by 2.75% OC. It will increase by 6% OD. It will increase by 4% www

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