Live Forever Life Insurance Co. Is selling a perpetulty contract that pays $1,300 monthly The contract currently sells for $111,000. a. What is the monthly return on this Investment vehicle? (Enter your answer as a percent rounded to 2 decimal places, e.g., 3216.) What is the APR? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 3216.) What is the effective annual return? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 3216.) Monthly return