Abdullah deposits OMR 28604 at the end of every year for 4 years and the deposit earns a compound interest of 3% per annum. Calculate the amount at the end of 4th year? Select one: O a. 6837.13 O b. All the given choices in this question are not correct Oc. 119668.47- O d. 91064.47 O e. 148272.47

Abdullah deposits OMR 28604 at the end of every year for 4 years and the deposit earns a compound interest of 3% per annum. Calculate the amount at the end of 4th year? Select one: O a. 6837.13 O b. All the given choices in this question are not correct Oc. 119668.47- O d. 91064.47 O e. 148272.47

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question

Abdullah deposits OMR 28604 at the end of every year for 4 years and the deposit earns a
compound interest of 3% per annum. Calculate the amount at the end of 4th year?
Select one:
O a. 6837.13
O b. All the given choices in this question are not correct
Oc. 119668.47-
O d. 91064.47
O e. 148272.47

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