Hello! i need some help with trhis questions. I understand Cheggs policy for one question, unfortunately this online classes have demanded more and i dont have many left. So please if you feel like you cant help i understand. If yes i only need help in this 2 questions to complete my assigment

The Best Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $21,000 per year forever. If the required return on this investment is 7 percent how much will you pay for the policy? O a. $250,000 b. $210,000 c. $300,000 d. There is not enough information to value the policy. e. $200,000 Traverse Light is considering two bank loans. The terms of the two loans are equivalent with the exception of the interest rates. Loan A offers a rate of 4.50 percent compounded continuously. Loan B offers a rate of 4.55 percent compounded monthly. Which bank loan should Traverse Light select and why? Select one: a. B; the annual percentage rate is 4.55 percent, b. The loans are equivalent offers so you can select either one. c. As the effective annual rate is 4.60 percent. Od. B; the effective annual rate is 4.68 percent. e. As the annual percentage rate is 4.50 percent