How much should be invested in an account paying 8% compounded semi-annually for it to accumulate to 5,200 OMR in six years? a) 3322.53 OMR b) 8655.92 OMR c) 7,325.36 OMR d) 3,247.90 OMR

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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How much should be invested in an account paying 8% compounded semi-annually for it to
accumulate to 5,200 OMR in six years?
a) 3322.53 OMR
b) 8655.92 OMR
c) 7,325.36 OMR
d) 3,247.90 OMR
a
C
d.
MacBook Pro
G Search or type URL
&
8 A 9
O O O O
Transcribed Image Text:How much should be invested in an account paying 8% compounded semi-annually for it to accumulate to 5,200 OMR in six years? a) 3322.53 OMR b) 8655.92 OMR c) 7,325.36 OMR d) 3,247.90 OMR a C d. MacBook Pro G Search or type URL & 8 A 9 O O O O
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