8. G is the gross level annual premium determined by the equivalence principle for a fully-discrete payment whole life insurance of 1000 on the life of (x). You are given: 1000A, 202 1.6 .d 0.06 Percent of premium expenses are 12% in the first year and 3% thereafter. Per policy expenses are k in the first year and 2 in each year thereafter. Calculatek. 8. G is the gross level annual premium determined by the equivalence principle for a fully-discrete payment whole life insurance of 1000 on the life of (x). You are given: 1000A, 202 1.6 .d 0.06 Percent of premium expenses are 12% in the first year and 3% thereafter. Per policy expenses are k in the first year and 2 in each year thereafter. Calculatek