Question 8 (1 point) For five special fully continuous whole life insurances on (35): i. The death benefit on each insurance is 1000. ii. The benefit premiums for the first five years are shown in the graphs below. iii. Benefit premium rates after five years are level, though not necessarily at the same rate as during year 5. iv. 8 = 0.05 In the graphs below, premiums are on the vertical axis and range from 1-3. Time is on the horizontal axis and is shown from 0-5. Which of these benefit premium patterns results in the largest benefit reserve at the end of year 32 a) Premium vs. Time 4 3 2 1 0 1 2 3 4 5 b) Premium vs. Time 4 3 2 1 0 0 1 2 3 4 5 c) Premium vs. Time 4 3 2. 1 0 0 1 2 3 4 5 d) Premium vs. Time 4 3 N 1 0 0 1 2 3 4 5 e) Premium vs. Time 4 3 2 1 0 0 1 2 3 4 5 Question 8 (1 point) For five special fully continuous whole life insurances on (35): i. The death benefit on each insurance is 1000. ii. The benefit premiums for the first five years are shown in the graphs below. iii. Benefit premium rates after five years are level, though not necessarily at the same rate as during year 5. iv. 8 = 0.05 In the graphs below, premiums are on the vertical axis and range from 1-3. Time is on the horizontal axis and is shown from 0-5. Which of these benefit premium patterns results in the largest benefit reserve at the end of year 32 a) Premium vs. Time 4 3 2 1 0 1 2 3 4 5 b) Premium vs. Time 4 3 2 1 0 0 1 2 3 4 5 c) Premium vs. Time 4 3 2. 1 0 0 1 2 3 4 5 d) Premium vs. Time 4 3 N 1 0 0 1 2 3 4 5 e) Premium vs. Time 4 3 2 1 0 0 1 2 3 4 5