Metaz is planning to invest OMR 3500 every year for the next six years in an investment paying 12 percent annually. What will be the amount he will have at the end of the six years Select one: a. 24680.54 OMR b. 28403.16 OMR c. None d. 25107.50 OMR e. 24680.54 OMR

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
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Metaz is planning to invest OMR 3500 every year for the next six years in an investment paying 12 percent annually. What will be the amount he will have at the end of the six years

Select one:
a. 24680.54 OMR
b. 28403.16 OMR
c. None
d. 25107.50 OMR
e. 24680.54 OMR
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