9. A fully discrete n payment whole life insurance policy is issued to (x) . The expenses on the policy are : Sales commission 6% of gross premium Tax 4% of gross premium Per policy $30 in Ist year , $5 in n-1 subsequent years Claim settlement $15 Given that Ax = .3, Aj. =.1, Axt =.4 and i=.06, which of the following is the correct formulation for the expense premium G(b), for this policy with face amount b, where b is in units of 10,000 ? A) 417.7b + 10.2 B) 417.7b+12.1 C) 471.7b + 10.2 D) 471.76+ 12.1 E) 417.76 - 10.29. A fully discrete n payment whole life insurance policy is issued to (x) . The expenses on the policy are : Sales commission 6% of gross premium Tax 4% of gross premium Per policy $30 in Ist year , $5 in n-1 subsequent years Claim settlement $15 Given that Ax = .3, Aj. =.1, Axt =.4 and i=.06, which of the following is the correct formulation for the expense premium G(b), for this policy with face amount b, where b is in units of 10,000 ? A) 417.7b + 10.2 B) 417.7b+12.1 C) 471.7b + 10.2 D) 471.76+ 12.1 E) 417.76 - 10.2