I need to know how to get the number. What to put in the financial calculator, these are exam questions and I won''''t have excel, so show me working out. 1 question is in the picture I have attached , It pictures part of the question , and I need you to figure out what the rest is and solve it and show me working out. 2nd questions is :Five years ago you borrowed $100,000 to finance the purchase of a $120,000 house. The interest rate on the old mortgage is 10%. Payment terms are being made monthly to amortize the loan over 30 years. You have found another lender who will refinance the current outstanding loan balance at 8% with monthly payments for 30 years. The new lender will charge two discount points on the loan. Other refinancing costs will equal $3,000. There are no prepayment penalties associated with either loan. You feel the appropriate opportunity cost to apply to this refinancing decision is 8%. Ans. is given below please provide working out , what to put in the calculator. a. What is the payment on the old loan?877.57. b. What is the current loan balance on the old loan (five years after origination)?$96,574.32. c. What should be the monthly payment on the new loan?$708.63. d. Should you refinance today if the new loan is expected to be outstanding for five years? $90,938.02, calculated with the following inputs: (N = 240, I = 0.8333, PMT = 877.57, and FV = 0.