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Question No. 4: (10marks) Mini Case (5 marks) Suppose you receive 100000 Omani Rial each year and you retired at 60 years old. The insurance

Question No. 4: (10marks)

  1. Mini Case (5 marks)

Suppose you receive 100000 Omani Rial each year and you retired at 60 years old. The insurance Company promises to give you 65% of your annual salary. You felt happy and began to plan for travelling.

Question: Is your feeling of happiness correct? What should you have done before retirement?

Answer: (Explain your point of view theoretically; you don't need to calculate anything)

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  1. Web Site search (Omani Banks) (5 marks)

Draw a Figure in which you exhibit all kinds of banks that operate in Sultanate of Oman. (Name all Banks).

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