3. For a whole life annuity-due of 1 on (x), payable annually: i) qc = 0.01 ii) 92+1 = 0.05 iii) i = 0.05 iv) z+1 = 6.951 Calculate the change in the actuarial present value of this annuity-due if Pc+1 is increased by 0.03. (40 pts.) 3. For a whole life annuity-due of 1 on (x), payable annually: i) qc = 0.01 ii) 92+1 = 0.05 iii) i = 0.05 iv) z+1 = 6.951 Calculate the change in the actuarial present value of this annuity-due if Pc+1 is increased by 0.03. (40 pts.)