5-year term insurance issued to person aged 65 $1,000 death benefit payable immediately $70 annual premium payable continuously expenses are $50 at issue plus $10 at each yr-end ie at times 1, 2, 3, 4,5 i = 0.075 force of mortality = .01 + .0001 * 1.125% Determine the following expectations (any way you can, but be accurate to within 1%) E(PV claims) E(PV premiums) E(PV loss to insurance company) 5-year term insurance issued to person aged 65 $1,000 death benefit payable immediately $70 annual premium payable continuously expenses are $50 at issue plus $10 at each yr-end ie at times 1, 2, 3, 4,5 i = 0.075 force of mortality = .01 + .0001 * 1.125% Determine the following expectations (any way you can, but be accurate to within 1%) E(PV claims) E(PV premiums) E(PV loss to insurance company)