PLEASE JUST ANSWER "WHAT I ASKED". Don't write anything UNRELATED to the question.

*** age 55 = female age 55 ***

2.Regarding rate making in life insurance products, Assumptions: -Premiumsare paid at the beginning of the year, and death claimsare paid at the end of the year. -The interest rate is 4% - death claim is W 10,000 1) Calculate the premium for the yearly renewable term insurance policy issued to age 55 2) Calculate the net single premiumfor a five-year term insurance policyissued to age 55 3) Calculate the net level premiumfor a five-year term insurance policy issued to age 55 4) Why do legal reservesand cash valuedevelop under the level premium method for paying life insurance premiums? (2) 2.Regarding rate making in life insurance products, Assumptions: -Premiumsare paid at the beginning of the year, and death claimsare paid at the end of the year. -The interest rate is 4% - death claim is W 10,000 1) Calculate the premium for the yearly renewable term insurance policy issued to age 55 2) Calculate the net single premiumfor a five-year term insurance policyissued to age 55 3) Calculate the net level premiumfor a five-year term insurance policy issued to age 55 4) Why do legal reservesand cash valuedevelop under the level premium method for paying life insurance premiums? (2)