Question: I just need help with A. finding the monthly payment, and C. year 2 contract rate, if you are not allowed to answer more than

I just need help with A. finding the monthly payment, and C. year 2 contract rate, if you are not allowed to answer more than one could you please point me in the right direction with the contract rates. Thank you for your help! please show work!

9. Assume the following for a one-year adjustable rate mortgage loan that is tied to the one-year Treasury rate: Given these assumptions, calculate the following: a. Initial monthly payment. b. Loan balance end of year 1 . c. Year 2 contract rate. d. Year 2 monthly payment

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