Which of these describes how a 5/1 ARM mortgage works?


The annual fees on the mortgage are only charged during the first five years of the loan.


The interest rate charged on the mortgage is five times the normal interest rate.


The interest rate is fixed for five years and then changes every year afterward.


The monthly payment is one-fifth of the total purchase price of the house.

Answers

Answer 1

Answer:

The interest rate is fixed for five years and then changes every year afterward.

Explanation:

ARM stands for Adjustable Rate Mortgage. This is the only answer that discusses a taste that adjusts.


Related Questions

Please solve! I will give brainiest.

Answers

Answer:

74 square units

Explanation:

The managers of a brokerage firm are interested in finding out the effects of number of new clients that a broker brings into the firm on the sales generated by them. They sample 10 brokers and identify the number of new clients they have enrolled in the last year and their sales amounts in thousands of dollars. These data are presented in the table that follows:
Broker Clients(X) Sales(Y) Calculation shows that
1. 27 52 n=10 2. 11 37 X = 260 3. 40 64 Y= 480 4. 33 55 X2= 7594 5 15 29 Y2= 24276 6. 15 34 XY =13377 7. 25 58 SSX =(X-Xbar)2 =834 8. 36 59 SST=(Y-ybar)2 = 1236 9. 28 44 SSE = (Y –Yhat)2=271.241
10. 30 48 (i) Assuming a linear relationship, what is the prediction for the amount for sales (in $1,000s) for a person who brings 25 new clients into the firm? (ii) Calculate the standard error of estimate and interpret the result. (iii) Test at 5% level of significance that the number of new clients that the broker have enrolled in the last year is significant predictor of their sales amount.

Answers

1,5728 joke who’ve 23

Select the tasks that would be performed by an information systems graduate.
data mining
forest management
software design
automotive design
construction planning
mainframe operations

Answers

Pretty sure it’s software design

essay about the impact of lack of resources in school?​

Answers

• Lack of resource materials Resource materials like charts, poster, white board, blocks, cards, clay, crayons, chalks etc. play a significant role in the learning process of students. If resource materials are used wisely they make remarkable enhancement of lesson impact. Availability of a wide variety of instructional resources can stimulate the interest and actively engage learners in the learning of mathematics (Herward, 2009). It also enhances the effectiveness of schools as these are basic things that can bring about good academic performance in the students. The knowledge acquired in an instructional situation depends on the suitability of the instructional material, adequacy and effective utilization of the available materials.…show more content…
discussion, play way method, blackboard, workshops and daily life examples. Clark & Steir (1988) found that teachers are responsible for poor performance of students in mathematics due to teaching methods which they use ,which show lack of commitment in preparing and imparting knowledge to students .They believe that variation in teaching methods by teachers tend to improve performance and that methods of teaching should be child centered rather than teacher centered.


• Attitude of students towards mathematics

Attitude towards mathematics understood on a continuum which varies from favorable at one end to unfavorable at the other end. Attitude of students can be influenced by the attitude of the teacher and their method of teaching. Teachers' method of teaching mathematics greatly accounts for the student's favorable attitude towards mathematics. Without favorable attitude results in the development of interest and motivate students to put in special effort for success in the subject.

Can u at least mark me brainiest?? Since it only 5 point

The learning process of pupils is significantly aided by the use of resource materials such as charts, posters, whiteboards, blocks, cards, clay, crayons, and chalk, among others.

The effect of a lecture may be significantly increased by using resource materials appropriately. The availability of a wide range of educational resources can spark enthusiasm and actively engage students in the study of mathematics (Herward, 2009). Because these are fundamental elements that can help students achieve academic success, it also increases the efficacy of schools.

The appropriateness, sufficiency, and efficient use of the resources at hand determine the information that is learned in an educational setting. Teachers' attitudes and methods of instruction have the potential to affect pupils' attitudes.

Learn more about school resources here:

https://brainly.com/question/14062915

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Chengdu is closer to the equator than Harbin. Which location has a colder air temperature and why?

Answers

The top of an mountain has the coldest air temperature because you further up ! Hope this helps

which country is this​

Answers

Answer:

Hlo army HRU...?

purple U 4ever

What is the FAFSA4caster?A.A way to learn if you will be admitted to a certain collegeB.Four tools that will help you select a majorC.A free online early federal aid estimation toolD.A way to determine which college is best for you

Answers

Answer:

C.

FAFSA4caster will help you understand your options for paying for college.

What is it called when people your age influence how you act or what you do?A.Self-involvementB.RailroadingC.A healthy friendshipD.Peer pressure

Answers

Answer:

D.Peer pressure

Explanation:

Peer pressure can be regarded as

direct influence of peers on people, it is the effect of peers on an individual whereby individual is been

encouraged and decided to walk in the path of their peers by altering thier values, or changing their attitudes as well as behaviors so they can conform to influencing group. It should be noted that Peer pressure is when people your age influence how you act or what you do

The difference of the product of 7 and w, and the quotient of 2 and v.

Answers

Answer:

(7 x w) - (2 ÷ v)

Explanation:

Using the keywords:

Product of

Quotient of

Difference of

We can identify the expression.

Select the correct answer.
A leading software company has obtained a patent for its latest technology, which it uses in smartphones. What could be a possible effect of this
patent?
ОА. .
Other companies might not produce smartphones,
OB. .
Other companies are free to use this technology.
Ос.
Other companies cannot use the same technology.
OD
Other companies can use the technology and modify it.

Answers

Answer:

Ос.

Other companies cannot use the same technology.

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