if anyone could do it with the right numbers only with an explanation.

1.

The Sutherland Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $38,000 per year forever. If the required return on this investment is 5.6%, how much will you pay for the policy? {Round the final answer to 2 decimal places. Omit 5 sign in your response.) Present value $ Prepare an amortization schedule for a veyear loan of $38,000. The interest rate is 7% per year, and the loan calls for equal annual payments. {Do not round intermediate calculations. Enter all amount as positive value. Round the final answers to 2 decimal places. Leave no cells blank - be certain to enter "0\" wherever required.) Beginning Total Intans'l: Principal Ending You: Balance Balance E E E E E How much interest is paid in the third year? {Do not round intermediate calculations. Round the final answer to 2 decimal places.) Interest paid 95 |:| How much total interest is paid over the life of the loan? {Do not round intermediate calculations. Round the final answer to 2 decimal places} Total interest $ |:| U'lnh-L-JNH