Calculate the annual cost per thousand of a $165,000 term life insurance policy that costs $160/ year; to a four year $8,200 credit life policy that charges a lump sum premium of $200. What is the cost per $1,000 for the (1) term life insurance and the (2) credit life insurance policy? $1.05 per $1,000;$24.17 per $1,000 $0.87 per $1,000;$4.97 per $1,000 $0.97 per $1,000;$6.10 per $1,000 $0.87 per $1,000;$2.03 per $1,000