Aborrower has a 5/1 arm tied to the 1-year london interbank offering rate (libor). the borrower’s current rate (after several adjustments) is 6%. it’s the time of year when the rate adjusts again and the libor is currently at 6%. what will be the borrower’s new interest rate if the loan has the following terms? introductory interest rate: 3.00%; margin: 2.25%; and periodic cap/floor: +/- 2%. (there is no lifetime cap.) (input your answer as a percentage rounded to the nearest tenth and without the % sign, e. g., 12.5% is input as 12.5 not 0.125)