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3. Determine the future values if OMR5,000 is invested in each of the following situations: a. 5 percent for ten years b. 7 percent for seven years c. 9 percent for four years

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter1: Understanding Personal Finance

Section1.4: Perform Time Value Of Money Calculations

Problem 3CC

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Question

3. Determine the future values if OMR5,000 is invested in each
of the following situations:
a. 5 percent for ten years
b. 7 percent for seven years
c. 9 percent for four years

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