Question A $100,000 whole life policy is issued to a life aged 25 for a single premium due at issuance. Assume the force of mortality is a constant = 0.005 and the force of interest is d = 0.10. The death benefit is paid at the time of death. What is the actuarial present value of the above policy? Possible Answers A < $3,500 B > $3,500 but < $4,000 c> $4,000 but < $4,500 D $4,500 but < $5,000 E > $5,000