2. (25 points) For a 2-year deferred, 2-year term insurance of 10000 on [IE5]1 level premiums are payable at the beginning of every year during the deferred period1 and the death benet is payable at the end of the quarter when the policyholder dies. The valuation is based on an annual effective interest rate of i = [1.08. Using the following table (with select period of 3 years), the Claims Acceleration Approach {CAI-'1} for any approximation and the equivalence principle, calculate the annual premium amount. mmms- \"mm "m analm:- mum