asked 131k views
15 votes
20 POINTS PLZ HELP

4. You are taking out an adjustable rate mortgage with an initial APR of 4% for
years 1 - 5, loan amount: $224,000 for 30 years. What is the monthly payment and
total cost for the first 5 years? Which line(s) did you use on the calculator and
what did you enter for B, R, T and m.

20 POINTS PLZ HELP 4. You are taking out an adjustable rate mortgage with an initial-example-1

1 Answer

9 votes

Answer:

mmm... i think its 6-

Explanation:

answered
User Derjanb
by
8.8k points
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