(1 point) A survival model is given by the survival function S0(x)=(1125x)3/13. Suppose a whole life insurance policy with a benefit of $34000 payable at the end of the year of death has an effective annual interest rate of 0.035 (i.e., i = 3.5\%). (a) What is the present value for the benefit if the policy is purchased at age 80 ? 34000A80= (b) What is the present value for the benefit if the policy is purchased at age 55 ? 34000A55= (c) What is the present value for the benefit if the policy is purchased at age 40 ? 34000A40= Note: Round your answer to two decimal places. Note: You can earn partial credit on this problem. (1 point) A survival model is given by the survival function S0(x)=(1125x)3/13. Suppose a whole life insurance policy with a benefit of $34000 payable at the end of the year of death has an effective annual interest rate of 0.035 (i.e., i = 3.5\%). (a) What is the present value for the benefit if the policy is purchased at age 80 ? 34000A80= (b) What is the present value for the benefit if the policy is purchased at age 55 ? 34000A55= (c) What is the present value for the benefit if the policy is purchased at age 40 ? 34000A40= Note: Round your answer to two decimal places. Note: You can earn partial credit on this