Live Forever Life Insurance Company is selling a perpetuity contract that pays $1650 monthly. The contract currently sells for $118,000. 5. What is the monthly return on this investment vehicle? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) b. What is the APR? (Do not round intermediate calculations and enter your answer os a percent rounded to 2 decimal places, e.g. 32.16.) c. 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., 32.16.) % a. Monthly return b. APR c. EAR % %