Question 1 (1 point) A life aged 70 purchases a fully discrete whole life policy with a death benefit of $1000. Mortality follows de Moivre's law with 6 = 120 and the annual effective interest rate is interest is i = 0.05 Calculate 10V70 , the 10th terminal benefit reserve. a) 106.63 b) 100.58 c) 95.26 d) 110.91 e) 90.15 Question 1 (1 point) A life aged 70 purchases a fully discrete whole life policy with a death benefit of $1000. Mortality follows de Moivre's law with 6 = 120 and the annual effective interest rate is interest is i = 0.05 Calculate 10V70 , the 10th terminal benefit reserve. a) 106.63 b) 100.58 c) 95.26 d) 110.91 e) 90.15