Hi,
this is pretty old version of CodeWarrior for MPC5xx v8.7.
This version has never been tested on Windows 7+ therefore you might face problems when trying to install it.
You might experiment with both options to figure out which one leads to complete installation.
Note:
If you debug using PEMicro P&E probe you can try to install updated drivers that should supports Windows 7, 8, 10
http://www.pemicro.com/downloads/download_file.cfm?download_id=53
The evaluation license is included in evaluation edition installer:
http://www.nxp.com/webapp/swlicensing/sso/downloadSoftware.sp?catid=CWX-MPC-5XX-EX
You can access it via your nxp.com account:

Hope it helps.
Stan