Question 4. The Live Forever Life Insurance Co. is selling a perpetuity contract for the cost of $2,000,000. The rate on the contract is 4.2% per year compounded monthly. How much could the buyer of this contract receive from the contract every month? Question 5 Matthew is about to sign a growing perpetuty contract sold by an insurance company. He would like to withdraw from that account on monthly basis. His current monthly budget is $2,000. As cost of living increases every year he expects increase the withdrawals by 0.2% every month. The account earns 4.8% annual rate compounded monthly. What is the value of that perpetuity contract? Question 6. Lisa just bought a growing perpetuity contract for $1.2 million. She will withdraw from that account on monthly basis. As cost of living increases every year she expects increase the withdrawals by 0.3% every month. The account earns 6.2% annual rate compounded monthly. How much can she withdraw from the account the first month