Maryam, whose current age is 55, purchases a 15-year deferred, 20-year term life insurance policy. You are given: The insurance company pays $200,000 when she dies after the deferred period and before finishing the term of the contract. The insurance benefit is payable at the end of the month. Mortality follows the Standard Ultimate Life Table. i= 0.05. Calculate the actuarial present value by using the claim acceleration approach.