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how to solve this insurance rates math question.?

A non-profit organization called SafeLife wants to offer low cost, term life insurance to the residents of Oregon. If the organization needs to make a 5% profit on their insurance policies to pay costs, how much should they charge a 30 year-old woman for $200,000 of 20 year term insurance? Below is part of the survivorship table Survivorship to different ages (out of 100,000) (Age)(Males alive)(Females alive) 20_98,541_____ 98,983 25_97,834_____ 98,746 30_97,147_____ 98,466 35_96,423_____ 98,108 40_95,525_____ 97,586 45_94,209_____ 96,776 50_92,224_____ 95,530 55_89,270_____ 93,737 60_85,227_____ 91,220 what is the 1.05 in your 5% solution below ?

Public Comments

1. between the ages of 30 & 50, (98466 - 95530) = 2936 women are likely to die with 5% profit, charges should be (1.05*2936/98466)*200,000 = $6261.65 <-------