Use the following information to answer the next three questions: You purchase a house for $326,000 financed via an 80% LTV 7/1 hybrid adjustable rate mortgage (ARM) amortized over 30 years (monthly payments) with an initial non-teaser composite interest rate of 2%. The loan is indexed to the one-year Treasury Bill, carries a margin of 1.5%, and has an interest rate cap and floor of 5%/2%/5%. The loan is also interest-only for the duration of the fixed-rate period. The one-year T-bill rate at the start of year 8 is expected to be 4,5%, and the one-year T-bill rate at the start of year 9 is expected to be 5.25%. Question 25 4 pts Compute the payment in year 8. $1,240.82 $1,425,44 $1,518.43 $1,744,35 O $1,829.64 Question 26 4 pts Compute the payment in year 9. $1,352.47 O $1,625.43 $1,859.35 O $1,984.53 O $2,026.78