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Use the Below Payoff Table with Four Mortgage Options to Answer

Question 23

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 best payoff rate for the 3-year ARM? A) $53,405 B) $64,547 C) $44,897 D) $49,564
-What is the best payoff rate for the 3-year ARM?


A) $53,405
B) $64,547
C) $44,897
D) $49,564

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