question 12 and 13 please

Your uncle has $415,000 and wants to retire. He expects to live for another 25 years and to earn 7.5% on his invested funds. How much could he withdraw at the end of each of the next 25 years and end up with zero in the account? $29,783.94 $45,420.51$40,952.92 $37,229.93 $45,048.21 Farmers Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. Merchants Bank offers to lend you the $50,000, but it will charge 6.2%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks? 1.33% 1.09% 0.91% 1.11% 0.83%