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Use the Below Payoff Table with Four Mortgage Options to Answer

Question 13

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 worst payoff rate for the 5-year ARM? A) $57,325 B) $50,124 C) $53,405 D) $52,768
-What is the worst payoff rate for the 5-year ARM?


A) $57,325
B) $50,124
C) $53,405
D) $52,768

Correct Answer:

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