$\begin{array}{cccc}
\begin{array}{l}
\
Initial ~Interest~ Rate \
Loan ~Maturity~ years) \
\% Margin ~Above~ Index \
Adjustment ~Interval \
Points \
Interest ~Rate~ Cap\
\end{array}
\begin{array}{cccc}
\text { LOAN 1 } & \text { LOAN 2 } & \text { LOAN 3 } & \text { LOAN 4 } \
\hline ? & ? & ? & ? \
20 & 20 & 20 & 20 \
3 \% & -- & 3 \% & 3 \% \
1 \mathrm{yr} & -- & 1 \mathrm{yr} & 1 \mathrm{yr} . \
1 \% & 1 \% & 1 \% & 1 \% \
\text { NONE } & --- & 1 \% / \mathrm{yr} . & 3 \% / \mathrm{yr} .
\end{array}
\end{array}$
-Which loan in the above table should have the lowest initial interest rate?

Question

Quizplus · Accepted Answer

The Answer of $\begin{array}{cccc}
\begin{array}{l}
\
Initial ~Interest~ Rate \
Loan ~Maturity~ years) \
\% Margin ~Above~ Index \
Adjustment ~Interval \
Points \
Interest ~Rate~ Cap\
\end{array}
\begin{array}{cccc}
\text { LOAN 1 } & \text { LOAN 2 } & \text { LOAN 3 } & \text { LOAN 4 } \
\hline ? & ? & ? & ? \
20 & 20 & 20 & 20 \
3 \% & -- & 3 \% & 3 \% \
1 \mathrm{yr} & -- & 1 \mathrm{yr} & 1 \mathrm{yr} . \
1 \% & 1 \% & 1 \% & 1 \% \
\text { NONE } & --- & 1 \% / \mathrm{yr} . & 3 \% / \mathrm{yr} .
\end{array}
\end{array}$
-Which loan in the above table should have the lowest initial interest rate?

-Which Loan in the Above Table Should Have the Lowest