A life aged $30$ exact purchases a $35-$year term assurance policy. Level monthly premiums are payable in advance throughout the duration of the contract, ceasing on death, and the sum assured of $250,000$ is payable immediately on death. Mortality follows AM$92$ select, Initial expense: $250$ plus $60\%$ of the first monthly premium. Renesval expense: $3\%$ of the second and subsequent monthly premiums. The company charges a premium of $50$ and calculates gross premium retrospective reserves using a rate of interest of $6\%$ p$.$a$.$ effective. Calculate the reserve held for the policyholder at age $55$ exact, immediately before the premitum then dte.

Select one:

$15950$

$18580$

$16860$

$14740$

$17670$