4) Terry Jeffords, 40, buys $1000 of discrete 5-year term insurance with annual premiums. Find the premium for this insurance policy using the information below. (2 marks) i) 5|A 40 = 0.35 ii) 40:5] = 4.25 iii) A 40 = 0.65 4) Terry Jeffords, 40, buys $1000 of discrete 5-year term insurance with annual premiums. Find the premium for this insurance policy using the information below. (2 marks) i) 5|A 40 = 0.35 ii) 40:5] = 4.25 iii) A 40 = 0.65