If you deposit OMR 24184 in your account in a bank. Suppose the bank pays 8% compound interest half yearly. Calculate future value of your money in 5 years. Select one: O a. 52210.84 O b. 35798.12 Oc. All the given choices are not correct O d. 29423.46 O e. 35533.55

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 8EB: You put $600 in the bank for 3 years at 15%. A. If Interest Is added at the end of the year, how...
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If you deposit OMR 24184 in your account in a bank. Suppose the bank pays 8% compound
interest half yearly. Calculate future value of your money in 5 years.
Select one:
O a. 52210.84
O b. 35798.12
OC All the given choices are not correct
O d. 29423.46
O e. 35533.55
Transcribed Image Text:If you deposit OMR 24184 in your account in a bank. Suppose the bank pays 8% compound interest half yearly. Calculate future value of your money in 5 years. Select one: O a. 52210.84 O b. 35798.12 OC All the given choices are not correct O d. 29423.46 O e. 35533.55
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