# A customer is receiving a 7/1 interest only ARM with an initial interest-only payment of $1200 and an interest rate of 4.5%. What A customer is receiving a 7/1 interest only ARM with an initial interest-only payment of$1200 and an interest rate of 4.5%. What is the customer’s loan amount?

## This Post Has 4 Comments

1. Expert says:

it should be

2. Expert says:

True i took the test already

3. Expert says:

a a car

~courtney

brainliest?

4. Expert says:

You can put most money would be invested in innovation by economic convergence