a. A group of 100,000 males, age 30, wishes to contribute each year an amount to a common fund sufficient to pay $1,000 to the dependents of each group member who dies during the year. Use the mortality table in Exhibit 9-1 (See the last page of this assignment) to determine the following. 8 Marks b. i. ii. i. ii. How many members of the group can be expected to die during the year? What amount must each of the 100,000 members contribute at the beginning of the year to provide $1,000 for the dependents of those who die before the end of the year? 12 Marks State the three methods of determining life insurance requirements. Analyze the three methods of determining life insurance requirements. Which method is best, and why?