Question A special 35-year endowment insurance of 1,000 is issued on (30). You are given: i. (30) has two children aged 3 and 6 at issue. ii. The death benefit is 3,000 if both children are less than 11 years old at the moment of death of (30). 111. The death benefit is 2,000 if only one child is less than 11 years old at the moment of death of (30). iv. The death benefit is payable at the moment of death. v. Assume that both children will survive to age 11. vi. 30+t == 0.04, where t 0 vii. 8 = 0.06 Calculate the actuarial present value for this insurance.