For a special life insurance policy on Ruby and Sara, both aged 50, with independent future lives, you are told:

i) a death benefit of $30,000 is payable at the end of the year of 1st death

ii) a death benefit of $70,000 is payable at the end of the year of the 2nd death

iii) i=6% iv) A50 = .24905 and A50,50 = .34049

Calculate the actuarial present value of this insurance.