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Estimate the compound interest along with principal payable in second year when amount of loan is OMR 10000 at 8% interest. a. 11664 b. 11800 c. 12975.62 d. None of the options Clear my choice

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Estimate the compound interest along with principal payable in second year when amount of loan is OMR 10000 at 8% interest.

11664

11800

12975.62

None of the options

Clear my choice

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