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You have decided to endow Dar Al-Ataa for house developments

Finance

You have decided to endow Dar Al-Ataa for house developments. How much money must you deposit into the endowment account today if your charity pays OMR 33,000 per year forever (first payment one year from today) and is invested at a rate that pays out 4.50% per year forever? Select one: O a OMR 722,222.22 O b. OMR 360,000.00 O c. OMR 572,727.27 Od. OMR 438,461.54 e. OMR 733,333.33

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