A group of 750,000 males, age 30, wish to contribute each year an amount to a common fund sufficient to pay $1,260 to the dependants of each group member who dies during the year. Use the mortality table in Exhibit 9-1 to determine the following: a. How many members of the group can be expected to die during the year?

b. What amount must each of the 750,000 members contribute at the beginning of the year to provide $1,260 for the dependants of those who die before the end of the year?