Suppose that Mr. Campbell (40 years old) wants to purchase a single premium two year term life insurance policy, which requires him to pay one premium at the initiation and nothing later. Assume that the probability of dying at age 40 is 0.00302, while the probability of dying at age 41 is 0.00329. Also assume that one year interest rate is equal to 10 percent (0.1) and the policy amount is 100,000. How much should the insurance company charge Mr. Campbell (ignoring expenses and profit loading) to cover the expected claim costs? Suppose that Mr. Campbell (40 years old) wants to purchase a single premium two year term life insurance policy, which requires him to pay one premium at the initiation and nothing later. Assume that the probability of dying at age 40 is 0.00302, while the probability of dying at age 41 is 0.00329. Also assume that one year interest rate is equal to 10 percent (0.1) and the policy amount is 100,000. How much should the insurance company charge Mr. Campbell (ignoring expenses and profit loading) to cover the expected claim costs