If you are expecting to get OMR 10240 at the end of 3 years. Calculate its present value if the interest rate is 9.42% and is computed quarterly. Select one: a. 3344.46 b. 7744.46 c. 6644.46 d. 2244.46
If you are expecting to get OMR 10240 at the end of 3 years. Calculate its
Select one:
a. 3344.46
b. 7744.46
c. 6644.46
d. 2244.46
If you deposit OMR 27177 in your account in a bank. Suppose the bank pays 12%
Select one:
a. 166607.80
b. 43611.11
c. 16935.81
d. 42749.42
e. All the given choices in this question are not correct
The company has made an investment in government bonds. The bonds will generate an interest income of OMR 20661 each year for 6 years. The interest rate is 12% annually. Compute present value of the stream of interest income for 6 years.
Select one:
a. 64284.79
b. All the given choices in this question are not correct
c. 105606.79
d. 84945.79
e. 5025.29
Abdullah deposits OMR 23422 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:
a. 5598.49
b. 74566.91
c. All the given choices in this question are not correct
d. 97988.91
e. 121410.91
If you deposit OMR 12200 in your account in a bank. If your bank pays 8.15% interest, how much will you get in 12 years?
Select one:
a. 31537.63
b. 29237.63
c. 31237.63
d. 29736.63
Step by step
Solved in 2 steps
