Benjamin, aged 35, purchases a 30-year term insurance policy with a face value of 50,000. Level premiums are payable at the beginning of each year for the next 20 years. Assume / = .03, A^35 = 7300, iV36 = 7000, Nss = 2400, A^56 = 2265, A^65 = 1050 and Nee = 960.

(a) Find the amount of each premium.

(b) Find the 10'^ year terminal reserve for this policy, assuming A^45 = 4200 and A^46 = 4000.

(c) Find the 20'^ year terminal reserve for this policy.

(d) Find the 30^^ year terminal reserve for this policy.