Question: Raya is saving for a new car. He needs to have OMR 21000 for the car in three years. How much will he have to

Raya is saving for a new car. He needs to have OMR 21000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target

Select one:

a. None of these

b. 16670.48 OMR

c. 17107.50 OMR

d. 22680.80 OMR

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