Post Utme Al Hikmah University 2020 Commerce Question 13
Practice objective / multiple choice question 13 from the 2020 Post Utme Al Hikmah University Commerce examination.
A bank offers a 5-year fixed deposit account with an interest rate of 10% per annum compounded annually. If an investor deposits ₦100,000 at the beginning of the first year, how much will the investor have at the end of the fifth year?
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About This Question
This is Post Utme Al Hikmah University 2020 Commerce Question 13. It is one of the objective questions from the 2020 Post Utme Al Hikmah University Commerce examination.
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