brennabananas7102 brennabananas7102 29-03-2024 Business contestada Steven has obtained a $105,000 5/1 30-year arm at 5%. during the first 3 years, he has an option of paying interest only. if he were to accept this offer, what would his initial payment be? a. $437.50 b. $587.50 c. $563.66 d. $756.92