Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,850 monthly. The contract currently sells for $122,000. What is the monthly return on this investment vehicle? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Monthly return 1.52 % per month What is the APR? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) APR 18.20 % What is the effective annual return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Effective annual return