Consider a ten-year deferred whole life insurance policy issued to (60). Death benefits are payable at the end of the year of death. The policy pays no benefit on death before age 70. The policy pays $1500 if death occurs between ages 70 and 80, and $1000 if death occurs between ages 80 and 90, and $2500 thereafter. Mortality follows the Standard Ultimate Life Table at i = 5%. Calculate the expected present value of the death benefit for this policy. Consider a ten-year deferred whole life insurance policy issued to (60). Death benefits are payable at the end of the year of death. The policy pays no benefit on death before age 70. The policy pays $1500 if death occurs between ages 70 and 80, and $1000 if death occurs between ages 80 and 90, and $2500 thereafter. Mortality follows the Standard Ultimate Life Table at i = 5%. Calculate the expected present value of the death benefit for this policy