contestada

WILL GIVE BRAINLIEST!!!!!!
Your grandfather would like you to invest in his company. He guarantees that if you invest in the stock of his company you will earn 15% on you r money every year. If you invest $100 and your grandfather is right, how much money will you have after 20 years? Round to the nearest cent.

Respuesta :

aryonnamiller2026

Answer:

i=0.099

PMT (annual payment needed) $11,309

PV of perpetuity

PV=11309/0.099

=$114,232.32

hope that helps

pls mark brainliest <3

aaliyahmontague410

Answer:

ok so i think it is i=0.099

Step-by-step explanation:

i took the test. the test said it was that answer so yea