<span>In the Rule of 70 you will
get the length of time your money will double by dividing 70 by the growth
rate. In here the money quadrupled after 14 years therefore it was doubled by
its 7th year. The rate can be
computed as 70 divided by 7 and that is 10%. The answer is letter B.</span>
<span>Our immediate short term memory for new material is limited to about seven unites of information. Immediate short term memory is the ability we all have to remember a small bit of information for a few seconds.</span>
The answer for this question would then be c. Hope it helps!
Because the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
<h3>What is an
original age?</h3>
In a life policy, an Original Age refers to the age of an insured at the inception of a life insurance policy.
Therefore, as the the assured is 42 when the life policy was issued, such age will be called an original age of the policy.
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