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Question 1 IN Excle , Show me step by step Best salesman offers you an annuity of OMR 2400 per annum for 10 years. The

Question 1

IN Excle , Show me step by step

Best salesman offers you an annuity of OMR 2400 per annum for 10 years. The price he asks is OMR 22,800. Assuming you could earn 9 per cent on alternative investments would you buy the annuity?

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