The following problem involves adjustable-rate mortgage. You the given table if necessary.
Harry has a 1-year ARM for $75,000 over a 25-year term. The margin is 2%, and the index rate starts out at 2.5% and increases to 3.5% at the first adjustment. The balance of principal at the end of the first year is 
If the monthly payment for the first year is 
how much more will his monthly payment be for the second year?
A. $38.92
B. $42.29
C. $45.31
D. None of the above is correct.
Answer: B
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Find the limit of the sequence if it converges; otherwise indicate divergence.an = 
A. 0
B. 1
C. 
D. Diverges
Solve the problem.Tom and Larry are food inspectors at a cookie making company. Tom tests every 20th batch of dough for fat percentage. Larry tests every 28th batch of dough for carbohydrate percentage. If they both start working at the same time, which batch will be the first that they both test?
A. The 140th batch B. The 280th batch C. The 70th batch D. The 35th batch
Determine whether the equation is an identity. If it is an identity, prove it.1 + sec2x sin2x = sec2x
What will be an ideal response?
Subtract.(5n7 - 16n5 - 5) - (-14n5 + 8n7 + 9)
A. -3n7 - 2n5 + 4 B. -3n7 - 8n5 + 4 C. -19n12 D. -3n7 - 2n5 - 14