To answer the question above as to which type of life insurance policy combines term insurance and investment elements is letter C, Universal Life. Universal Life or in other term Permanent life Insurance is a type of insurance to which is flexible low-cost protection and term life insurance as well as the saving elements like the whole life insurance.
Well it is a graph or diagram that can show a lot of information and It may convey a point better then just a piece of writing
The next step is Gather information. The objective is to have high caliber, satisfactory choices made in battle and preparing circumstances. The Military Problem Solving Process enables pioneers to confront complex issues in circumstances where data may be restricted.
While creating conceivable arrangements amid the Military Problem Solving Process, the pioneers will precisely record every conceivable arrangement and compress the Solution in composing and outlines.
Answer:
It will take 10 years and 197 days.
Explanation:
Giving the following information:
You invest $180 in a mutual fund today that pays 6.80 percent interest annually.
To calculate the time required to double the money, we need to use the following formula:
n=[ln(FV/PV)]/ln(1+r)
n= [ln(360/180)] / ln(1.068)
n= 10.54
To be more accurate:
0.54*365= 197
It will take 10 years and 197 days.
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