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10 swered atof1.00 You are going to withdraw OMR5,000 at the end of each year for the next four years from an account that pays
10 swered atof1.00 You are going to withdraw OMR5,000 at the end of each year for the next four years from an account that pays interest at a rate of 9% compounded annually. The account balance will reduce to zero when the last withdrawal is made. How much interest will you earn on the account over the four-year life? estion Select one O a OMR4,000.00 O b. OMR5,711.20 O COMR2,409.60 O d. OMR 0.00 O e OMR3.801.40 Previous page Next page
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