What is the Present value of a OMR 2000, 8-year loan with 8% p.a simple...

70.2K

Verified Solution

Question

Accounting

What is the Present value of a OMR 2000, 8-year loan with 8% p.a simple interest?

a.OMR 3702

b.OMR 3280

c.OMR 1220

d.OMR 1081

What is the Future value of OMR 2000, 8-year loan with 8% annual interest?

a.OMR 3280

b.OMR 3702

c.OMR 1220

d.OMR 3280

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students