risk management

A participating ordinary life policy in the amount of $10,000 is sold to an individual, age 35. The following cost data are given: Annual premium $230 Total dividends for 20 years $1,613 Cash value at end of 20 years $3,620 Accumulated value of the annual premiums at 5 percent for 20 years $7,985 Accumulated value of the dividends at 5 percent for 20 years $2,352 $34.719 Amount to which $1 deposited annually at the beginning of each year will accumulate in 20 years at 5 percent C C CE a. Based on this information, compute the annual net cost per $1,000 of life insurance at the end of 20 years using the traditional net cost method. b. Compute the annual surrender cost index per $1,000 of life insurance at the end of 20 years. c. Compute the annual net payment cost index per $1,000 of life insurance at the end of 20 years. Ca Ca no