A fully discrete whole life insurance policy of $1,000 is issued to a life aged 35 with premiums payable every six months, beginning immediately. Each premium during the first five years equals one-half of the premium payable after the first five years, The present value at age 35 of a pure endowment of $1.000 payable at age 40 is $500. You are also given that 835 11.00 .to 12.75 and E 0.05 Find the net annual premium payable twice a year during the first live years by using the Woolhouse's formula with two terms. A fully discrete whole life insurance policy of $1,000 is issued to a life aged 35 with premiums payable every six months, beginning immediately. Each premium during the first five years equals one-half of the premium payable after the first five years, The present value at age 35 of a pure endowment of $1.000 payable at age 40 is $500. You are also given that 835 11.00 .to 12.75 and E 0.05 Find the net annual premium payable twice a year during the first live years by using the Woolhouse's formula with two terms