Question 7 1 pts Given the following Adjustable Rate Mortgage (ARM): Loan amount: $100,000 Term: 20 years, monthly payment Discount point: 0 Origination fee: $8,000 Teaser rate: 7.5% Margin: 225 basis points Rate caps: 2.5% annually. 6% lifetime Market Index: EOY 1 2 3 Index 9.5% 10.5% 8.6% 4 5 10.5% 11.5% What are the composite interest rates for year 2 through year 6? None of the above is all correct 10%, 11.75%, 12.7596: 13.5% 12.75% 10%. 12.5%, 13.5%, 13.5%. 13.5% 10.85%, 11.75%, 12.75% 13.75%: 12.75% 1 pts U Question B