Essentially, permanent policies are investments and can
grow in value whereas term policies do not.
Not exact matches
«The price per hectare of average cotton
growing area
in places such as Moree [
in NSW north] was up around $ 20,000 per hectare
whereas the
values in the Riverina were about $ 10,000 per hectare, so there was some attraction
in buying there.»
A $ 100,000 investment compounded at 3.79 % per year
grows to $ 305,257 over 30 years,
whereas an 11.06 % growth rate increases that
value to $ 2,326,645 — a staggering difference
in wealth.
Both companies are
growing in value exponentially, but XYZ is
growing at double the speed of ABC and will reach double its original
value during Year 8,
whereas ABC will do so
in Year 14.
Money
in a savings account stays the same (or even loses
value if interest rates don't keep pace with inflation),
whereas invested money has the potential to
grow exponentially.