The interest rate on adjustable-rate morhagesadictates how, Ask an Expert

Finance

The interest rate on adjustable-rate morhages:

A.dictates how the payment is split between principal and interes

B.must specify the frequency with which the mortgage payment is made

C.changes according to an interest rate index

D.changes according to an interest rate on fixed-rate mortgages

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92370722

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