Bayan wants to buy a house in six years. She hopes to be able to put down OMR 25000 at that time. If the bank CD she wants to invest in will pay 7.5 percent annually, how much will she have to invest today Select one: O a. 15680.04 OMR O b. 16107.50 OMR O c. 17107.50 OMR O d. None of these e. 16199.03 OMR
Bayan wants to buy a house in six years. She hopes to be able to put down OMR 25000 at that time. If the bank CD she wants to invest in will pay 7.5 percent annually, how much will she have to invest today Select one: O a. 15680.04 OMR O b. 16107.50 OMR O c. 17107.50 OMR O d. None of these e. 16199.03 OMR
Chapter2: Gross Income And Exclusions
Section: Chapter Questions
Problem 14MCQ
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Transcribed Image Text:Bayan wants to buy a house in six years. She hopes to be able to put down OMR 25000 at that time. If the bank
CD she wants to invest in will pay 7.5 percent annually, how much will she have to invest today
Select one:
a. 15680.04 OMR
O b. 16107.50 OMR
O c. 17107.50 OMR
d. None of these
O e. 16199.03 OMR
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