You have borrowed OMR 12,000 today at 4.5% rate of interest per annum from National Bank of Oman. You wish to pay the total amount along with the interest in 5 equal annual instalments to be paid at...



  • You have borrowed OMR 12,000 today at 4.5% rate of interest per annum from National Bank of Oman. You wish to pay the total amount along with the interest in 5 equal annual instalments to be paid at the end of the year. Calculate the amount of instalment.



Jun 09, 2022
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