Peter, now aged 30, purchased a special 2-year deferred whole life annuity-due policy. You are given: - Annual payments increase at 6% per year, compounded annually. Annual level premiums of 4,500 are payable at the beginning of each of the first 2 years. - The curtate expectation of life for (30) is 11.50. - P30 = 0.99, P31 = 0.98 - i = 0.06 Calculate the first annual payment for Peter. (9 marks) Peter, now aged 30, purchased a special 2-year deferred whole life annuity-due policy. You are given: - Annual payments increase at 6% per year, compounded annually. Annual level premiums of 4,500 are payable at the beginning of each of the first 2 years. - The curtate expectation of life for (30) is 11.50. - P30 = 0.99, P31 = 0.98 - i = 0.06 Calculate the first annual payment for Peter. (9 marks)