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Steven has obtained a $105,000 5/1 30-year ARM at 5%. During the first ...
Steven has obtained a $105,000 5/1 30-year ARM at 5%. During the first 3 years, he has an option of paying interest only. If he were to accept this offer,
what would his initial payment be?
O A. $437.50
O B. $756.92
O C. $563.66
D. $587.50​

Respuesta :

saryul

Answer:

I believe it's A, $437.50

Step-by-step explanation:

Answer:

hope that helps

Step-by-step explanation:

Hi I had the same question on my test and the answer is  c or b

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