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You intend to buy a house in eight years and plan to have saved OMR 81,750 for a down payment. How much money would you
You intend to buy a house in eight years and plan to have saved OMR 81,750 for a down payment. How much money would you have to place today into an investment that earns 9% per year to have enough for your desired down payment? Select one a. 29,055.22 0 b. 162,892.00 o c. 40,895.35 d. 41,027.57 e. 46,825.10 Seeb Metals Inc. has issued 25-year semiannual coupon bonds with a face value of OMR 1,000. If the annual coupon rate is 14% and the current yield to maturity is 12%, what is the firm's current price per bond? Select one O a. OMR 1,156.86 b. OMR 890.38 C. OMR 861.99 d. OMR 1,157.62 e. OMR 1,365.12 sls Jol If you borrow OMR 100,000 at an annual rate of 8.00% for a 10-year period and repay the total amount of principal and interest due of OMR 215,892.50 at the end of 10 years, what type of loan did you have? Select one a. Amortized loan b. Pure discount loan c. Interest-only loan d. Compound loan Jol Ten years ago, Malik's annual salary was OMR 66,885. Today, he earns OMR 83,629. What has been the average annual percentage rate of growth of Malik's salary? Select one a. 2.51% b. 2.26% c. 2.45% d. 2.05% o e. 2.21% You are paying an effective annual rate of 13 percent on your credit card. The interest is compounded semiannually. What is the annual percentage rate on this account? Select one a. 10.71% b. 13.42% c. 6.88% d. 6.50% e. 12.60%
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