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Julian and Morgan obtain a 30-year 4/1 ARM at 3.9% with a 3/13 cap structure in the amount of $182,345.? What is the remaining balance on the mortgage after the first four years? $141,062.12 $168,476.64
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Julian and Morgan obtain a 30-year 4/1 ARM at 3.9% with a 3/13 cap structure in the amount of $182,345.?

What is the remaining balance on the mortgage after the first four years?



$141,062.12


$168,476.64


$172,148.77


$173,946.01

User Justin Kestelyn
by
6.2k points

1 Answer

4 votes

Answer:

141,062.12

Step-by-step explanation:

User Leopold
by
6.6k points
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