Post Utme Aaua 2022 Commerce Question 14
Practice objective / multiple choice question 14 from the 2022 Post Utme Aaua Commerce examination.
A bank offers a 5-year fixed deposit account with an interest rate of 12% per annum compounded annually. If the initial deposit is ₦100,000, what is the total amount at the end of the 5-year period?
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About This Question
This is Post Utme Aaua 2022 Commerce Question 14. It is one of the objective questions from the 2022 Post Utme Aaua Commerce examination.
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