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You are considering a 5/1 ARM. What does the 1 represent?
A. The number of years between adjustments in the interest rate
B. The interest rate of the initial fixed-rate loan period
C. The total number of years in the loan D. The number of years that a fixed interest rate will be applied to the loan​

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Answer:

Explanation:

The answer is A hope it helps

tannerwillis2828

Answer:

A. The number of years between adjustments in the interest rate

Explanation:

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