seper dwive TeleVida, a suecexatol producen cohar prevince, Jesper neede to take out a $$600\mathrm{.}00020$ year Iban $10$ make this exp ansion happen. However, he wants to make sure that il be dies while there's an outstanding balance on the loan, the balance will be paid in fulf ty the insurence compenyWhich of the follewing would pay out the batance of the loan in full if he dies, AND be the most cost$-$effective for Jasper?et one conect answer from the list$1.20$ year decreasing term life insurance$\mathrm{.}2.20-$year term fife insurance$\mathrm{.}3$Term$-100$ life insurance policy$\mathrm{.}4.$ Universal life insurance policy.