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Suppose (35) has originally a life distribution that is uniform on [0,90). There is a whole-life insurance on (35) payable at moment of death at level of 100,000. Payment schedule is intended to be an annuity-continuous with level payments contingent on (35). Assume i = 0.05. A) What is the expected present value of the benefits? B) Using the equivalence principle, what are the level payments? Suppose (35) has originally a life distribution that is uniform on [0,90). There is a whole-life insurance on (35) payable at moment of death at level of 100,000. Payment schedule is intended to be an annuity-continuous with level payments contingent on (35). Assume i = 0.05. A) What is the expected present value of the benefits? B) Using the equivalence principle, what are the level payments