(a) Find the price of a 100,000 life insurance policy, payable at the moment of death, bought by a life aged 40 if it is assumed that 6 = .05 and ^x = -04 for all x.

(b) Do part

(a) if the 40-year-old is purchasing 30-year term insurance instead of whole life insurance.

(c) Do part

(a) if the 40-year-old is purchasing 30-year endowment insurance instead of whole life insurance.