Use the following abbreviated mortality table to answer questions 23-25. Age of Males 70 71 72 73 74 Probability of Dying 0.03951 0.04330 0.04765 0.05670 0.06239 Number of People 627,416 602,627 576,533 549,061 517,766 Number of Deaths 24,789 26,094 27,472 31,295 32,301 23. What is the probability that a male age 70 will die while he is age 73? a. 0.0499 b. 0.0519 c. 0.0543 d. 0.0567 e. None of the above 24. John, a 70 year-old male has just purchased a $10,000 two-year term policy. Assume that annual interest rate is 10%. Ignoring non-claim expenses what is his premium? a. $702.89 b. $717.03 c. $810.99 d. $828.10 e. None of the above 25. For the policy describe in question 24. Ignoring non-claim expenses, what would be the policy's expected balance (i.e., value or expected amount of money in this account) equal after one year? a. $378.08 b. $393.64 c. $496.99 d. $515.81 e. None of the above