12. You have been called on as a consulting actuary by the government in an underdeveloped country. Due to the lower health care system level, the mortality rate in the country is high. At the same time, the interest rate is high. It is assumed that the premium payment is received on first day in each year, and claims is paid out on last day in each year. On the basis of the mortality and simplified discount tables given here, compute the following for $1,000 face amount of different insurance policy: a. The net single premium for a one-year term policy for Age 21, Age 22, Age 23, Age 24 and Age 25 (4 marks) b. The net single premium for a five-year term policy at Age 21 (3 marks) c. The net annual level premium for a five-year term policy at Age 21 (4 marks) d. The net single premium for a five-year endowment at Age 21 (3 marks) e. The net annual level premium for the five-year endowment at Age 21 (2 marks)