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Your parents agree to pay half of the purchase price of a new car when you graduate from college. You will graduate and buy the
Your parents agree to pay half of the purchase price of a new car when you graduate from college. You will graduate and buy the car two years from now. You have OMR9,000 to invest today and can earn 12% on invested funds. If your parents match the amount of money you have in two years, what is the maximum you can spend on the new car? Select one: a. OMR11,290 O b. OMR15,000 O COMR 7,260 O d. OMR22,579 O e. OMR19,250
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