4. 10V denote the benefit reserve at duration 10 for a modified whole life insurance contract issued to (x) that pays nothing for failure in the first year and 5000, paid at the end of the year of failure, for failure after the first year. Net level benefit premiums, determined by the equivalence principle, are payable for the life of the contract. Calculate the value of 10V, given the following values: 10Vx = 0.2, x = 5, 9x = 0.05, v=0.9 4. 10V denote the benefit reserve at duration 10 for a modified whole life insurance contract issued to (x) that pays nothing for failure in the first year and 5000, paid at the end of the year of failure, for failure after the first year. Net level benefit premiums, determined by the equivalence principle, are payable for the life of the contract. Calculate the value of 10V, given the following values: 10Vx = 0.2, x = 5, 9x = 0.05, v=0.9