In the Context of Housing,what Is an ARM

question 85

Multiple Choice

In the context of housing,what is an ARM?

• A) A mortgage with high initial payments, offset by significantly lower payments later
• B) A mortgage with low initial payments, offset by significantly higher payments later
• C) A mortgage with no initial payments, offset by significantly high payments later
• D) A mortgage with equal payments per period

---

Definitions:

Keep Source Formatting

A feature in document or presentation software that maintains the original formatting of text or objects when they are copied from one document to another.

Indentation

The space or gap created at the beginning of a paragraph or line of text, often used to improve readability or denote a new paragraph.

Alignment

The arrangement of text or other elements on a page or screen according to a specific pattern or line.

Character Style

Formatting options applied to individual characters in a document, affecting font, size, color, and other typographic features.