please solve both to get a like.

1 You want to buy a shop for $200,000. Seller financing at a 6.0% annual rate for the four year loan but the loan requires 12 equal monthly payment each year for 4 years. And also, you need to make an additional balloon (final) payment of $50,000 which will be paid at the end of the last month. The equal monthly payments = ? (hint: FV=50000)

a. 6221.72 b. 5887.90 c. 6105.14 d. 5621.26

2 An annuity that pays $7,000 each year for five years but at the beginning of each year. Your interest rate = 4.5%. The price for the annuity = ?

a. 31126.31 b. 30592.45 c. 33431.35 d. 32112.68