Elizabeth was offered a whole life policy that would cost her $6400 a year in premiums an equivalent term life policy would only cost her $970 a year if Elizabeth invested the savings between the two policies in a mutual fund that earned 58 a year in interest, how much would the mutual fund be worth in 35 years?

Answer rating: 100% (QA)

The mutual fund would be worth 331 471 68 in 35 years To calculate this we first need to find the di... View the full answer