Examlex
You currently have an ARM that is charging you 7% with an index rate of 4%,a margin of 3%,and a periodic annual cap of 3.0%.Assume that rates have now increased by 2% during the last seven months.What rate will your ARM be adjusted to?
Ratio
Shows the relative sizes of two or more values.
Quart
A unit of liquid volume equivalent to a quarter of a gallon, or approximately 0.946 liters.
Abbreviation
A shortened form of a word or phrase used to save space or time in written communication.
Numerator
The top number in a fraction that indicates how many parts of a whole are being considered.
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