Jeff8006 Jeff8006
  • 28-12-2022
  • Mathematics
contestada

Please help me show my work. I know the answer, but don't know how to get to it.
Fiona is purchasing a condominium and is financing $305,000 with a 30-year 5/1 ARM at 4. 65% with a 1/12 cap structure. What will her payments be at the beginning of year 6?

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