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Use the Below Payoff Table with Four Mortgage Options to Answer

Question 64

Multiple Choice

Use the below payoff table with four mortgage options to answer the following question(s) . Use the below payoff table with four mortgage options to answer the following question(s) . -What is the average payoff for the 5-year ARM? A) $55,046 B) $57,724 C) $53,406 D) $51,448
-What is the average payoff for the 5-year ARM?


A) $55,046
B) $57,724
C) $53,406
D) $51,448

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