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A graduated payment mortgage allows the buyer to ___.

a. have fixed monthly payments
c. have low initial payments
b. have a flexible interest rate
d. not have a downpayment

2 Answers

3 votes

Answer:

c. have low initial payments

Step-by-step explanation:

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User Vvkatwss Vvkatwss
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D. Not have a downpayment.

Due to the nature of the mortgage.
User Ink
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