(15 pts) A special fully discrete life insurance policy issued to (40) pays a benefit of 5,000 for death in the first year. Thereafter, each year's benefit is 8% larger than the previous year's. Mortality follows De Moivre's law with w = 100. The force of interest is 0.06. Find the level annual benefit premium for this insurance under the equivalence principle. (15 pts) A special fully discrete life insurance policy issued to (40) pays a benefit of 5,000 for death in the first year. Thereafter, each year's benefit is 8% larger than the previous year's. Mortality follows De Moivre's law with w = 100. The force of interest is 0.06. Find the level annual benefit premium for this insurance under the equivalence principle