Abdullah deposits OMR 22431 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. 93842.94 Ob. 71411.94 Oc 116273.94 Od. 5361.62 O e. All the given choices in this question are not correct

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Abdullah deposits OMR 22431 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. 93842.94
Ob. 71411.94
Oc 116273.94
Od. 5361.62
O e. All the given choices in this question are not correct
Transcribed Image Text:Abdullah deposits OMR 22431 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. 93842.94 Ob. 71411.94 Oc 116273.94 Od. 5361.62 O e. All the given choices in this question are not correct
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