For a special fully discrete whole life insurance on (65): i. The death benefit is 1000 is death occurs before age 85, otherwise 2000. i. Mortality follows the Standard Ultimate Life Table. i. Expenses are 100% of first year premium and 5% of renewal premium. v. Gross premiums are determined using the equivalence principle. 7. i = 0.05 Calculate the gross premium reserve at time t = 30.