Question 1. Suppose that Mr. Campbell, a 40 vear old customer, wants to purchase a one vear term life insurance policy with a face amount of 100,000 (paid to Mr. Campbell's family is he dies). Assume that the probability of dying at age 40 , according to a standard mortality table is 0.00302 . Interest rate equals 10 percent per year. How much should the insurance company charge Mr. Campbell (ignoring expenses and profit loading) to cover his expected claim costs