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Homework answers / question archive / A travel operator announces that it can take anybody on a world tour at a price of OMR 200000

A travel operator announces that it can take anybody on a world tour at a price of OMR 200000

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A travel operator announces that it can take anybody on a world tour at a price of OMR 200000. Suppose that you wish to avail this offer and you can save OMR 25000 annually. How much time you would require availing this offer, considering that your savings are accumulated at the rate of 10% annually?

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