(3) Assume that mortality follows the law 1x = 100 - x and that interest is at 4% per year. Calculate the actuarial present value for a 3-year term insurance with a unit benefit payable at the end of the year of death of a life age 30. (Ans.0396) (3) Assume that mortality follows the law 1x = 100 - x and that interest is at 4% per year. Calculate the actuarial present value for a 3-year term insurance with a unit benefit payable at the end of the year of death of a life age 30. (Ans.0396)