Poomey took out an endowment policy for an annual payment of R1 500 that will increase annually with R150. The policy matures in 20 years with an expected annual interest rate of 15%. The amount that Poomey an expect to receive after 20 years is

S=Rsni, then A. n=RSi B. n=ln(1+i)ln(RSi+1) C. n=1+iRSi+1 D. n=ln(1+i)lnRSi1 Poomey took out an endowment policy for an annual payment of R1 500 that will increase annually with R150. The policy matures in 20 years with an expected annual interest rate of 15%. The amount that Poomey an expect to receive after 20 years is A. R236 108,96. B. R256 108,96 C. R169 031,91. D. R166 897,15