Morton notes that the $55000 invested in the single premium life insurance policy would grow to $176,392

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Morton notes that the $55000 invested in the single premium life insurance policy would grow to $176,392 in 20 years for a return of 6% a year. Explain how this return was calculated

Posted Date: May 25, 2024 11:11 PM

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Morton notes that the $55000 invested in the single premium life insurance policy would grow to $176,392

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