G is the gross level annual premium determined by the equivalence principle for a fully-discrete 20- payment whole life insurance of 1000 on the life of (x). You are given: G=214 1000A, = 202 =11.64 d= 0.06 Percent of premium expenses are 12% in the first year and 3% thereafter. Per policy expenses are k in the first year and 2 in each year thereafter. Calculate k. G is the gross level annual premium determined by the equivalence principle for a fully-discrete 20- payment whole life insurance of 1000 on the life of (x). You are given: G=214 1000A, = 202 =11.64 d= 0.06 Percent of premium expenses are 12% in the first year and 3% thereafter. Per policy expenses are k in the first year and 2 in each year thereafter. Calculate k