4. A bank advertises a 5/3 ARM at 3.25% with a 21 cap. (1 point) What is the maximum interest rate that can be charged during the sixth year? 06.25% 05.25% 014.25% 03.25% 5. Stefani is purchasing a house and finances $410,350 of the purchase price. The mortgage is a 30-year 7/3 ARM at 6.5% with a 4/ 13 cap structure, what will the remaining balance be after (I point) the first seven years? OS371,023.06 S217,870.06 OS357,112.36 OS192,479.94 6. Chevy and Judith are purchasing a townhouse and finance S154.200 with a 30-ycar 5/3 ARM (l pointi at 6.45% with a 413 cap structure, what will their payments be at the beginning of the sixth year assuming they are charged the maximum interest rate for that year