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.

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

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

all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

step-by-step explanation: