Question 10 (4 points) Pam is the insured under a whole life insurance policy with a face value of $100,000 and a current cash value of $20,000. Pam needs some money and decides to take out a policy loan of $7,500. Which of the following statements related to this policy loan is (are) true? If Pam dies before she repays the $7,500 loan principal, her beneficiary will receive only $92,500. Pam never has to repay the $7,500 loan principal if she so chooses. If Pam later decides to take out another policy loan, she can borrow up to an additional $92,500. Pam must make interest payments on the loan every year until the $7,500 is repaid