Notes:
For semiannual premiums, use 51% of the annual rate.
For quarterly premiums, use 26% of the annual rate.
For monthly premiums, use 9% of the annual rate.
For females, use the age of a male three years younger.
Will C. Lowe wishes to purchase an ordinary whole life insurance policy with a face value of $50,000. What will his annual premium be, if his age for insurance purposes is thirty-one?

(Use a thousands comma where applicable.)