4. Using the 1980 cSo Mortality Table, calculate the following net single premiums (NSPs). Assume $1,000 of life insurance, 5% interest, and death claims paid at the end of each year for multiple-year policies. The NSP is paid at the start of the first year of coverage for multiple-year policies. a. What is the NSP for a one-year term policy sold to a man age 60 ? (1) point) b. What is the NSP for a three-year term policy sold to a man age 50 ? (1.5 pts) 4. Using the 1980 cSo Mortality Table, calculate the following net single premiums (NSPs). Assume $1,000 of life insurance, 5% interest, and death claims paid at the end of each year for multiple-year policies. The NSP is paid at the start of the first year of coverage for multiple-year policies. a. What is the NSP for a one-year term policy sold to a man age 60 ? (1) point) b. What is the NSP for a three-year term policy sold to a man age 50 ? (1.5 pts)