Mark has the below information on two life insurance policies he owns: one is a Whole life policy and the other is a Term life policy.

Year	Guaranteed Contract Premium ($)	Guaranteed Death Benefit ($)	Projected Dividend ($)	Projected Cash Value ($)	Term Premium ($)
1	2,300	200,000	0	0	325
2	2,300	200,000	0	0	330
3	2,300	200,000	0	0	335
4	2,300	200,000	0	3,500	340
5	2,300	200,000	250	6,000	355
6	2,300	200,000	400	9,000	370
7	2,300	200,000	600	12,000	390
8	2,300	200,000	750	15,000	400
9	2,300	200,000	900	18,000	410
10	2,300	200,000	1,000	24,000	430

Required:

Find the return on the Whole life insurance policy when the cost of the Term life is included. 

Assume in year 10, for the Cash Flow calculation, that the Whole life policy is cashed out.

 Additionally, which policy should Mark select if he could invest the difference between the Term and Whole life policies’ premiums at 9 percent? Explain your reasoning.