Candice paid $2000 for her whole life Insurance policy this year. A term insurance policy with the same coverage would cost her about $700 a

Question

Candice paid $2000 for her whole life Insurance policy this year. A term insurance policy with the same coverage would cost her about $700 a year. Assuming she decides to buy the term policy and invest the difference, earning a rate of 6 percent, how much money could she “make” in a year?

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Answers ( No )

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    2021-09-19T08:02:02+00:00

    Answer:

    78

    Step-by-step explanation:

    2000-700=1300 x .06 = 78

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