Mathematics: 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 be his initial payment be?

Steven has obtained a 105,000 5/1 30-year ARM at - id105000513055428007, edsimms21111

tutyfruity29

11.03.2020

I’m just answering cuz I need points to ask a question, I know I’m a bad oerson

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j015

23.07.2022

1/3 cups more flour.

we look at 5/6 and compare to 1 = 6

we look at half and see half of 6 = 3

5-3 = 2

The answer is 2 parts of 6/6 more flour than sugar.

2/6 = 1/3 more flour than sugar.

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