if possible, may you please work these two by hand to explain it to me? thank you kindly.

Assume you borrow an ARM of $80,000 for 30 years. Given initial interest rate-5%, margin-2%, index rate at EOY1-6%, EOY2-4.5%, an annual rate cap-296, and the lender charges 3 points upfront, what is the monthly payment in year 1? 403.29 o 416.13 () 429.46 443.35 0/ 1 pts Question 4 Assume you borrow an ARM of $80,000 for 30 years. Given initial interest rate-5%, margin-2%, index rate at EOY 1-6%, EOY2-4.5%, an annual rate cap "2%, and the lender charges 3 points upfront, what is the appropriate interest rate to determine payment for year 2? Assume you borrow an ARM of $80,000 for 30 years. Given initial interest rate-5%, margin-2%, index rate at EOY1-6%, EOY2-4.5%, an annual rate cap-296, and the lender charges 3 points upfront, what is the monthly payment in year 1? 403.29 o 416.13 () 429.46 443.35 0/ 1 pts Question 4 Assume you borrow an ARM of $80,000 for 30 years. Given initial interest rate-5%, margin-2%, index rate at EOY 1-6%, EOY2-4.5%, an annual rate cap "2%, and the lender charges 3 points upfront, what is the appropriate interest rate to determine payment for year 2