Post Utme Babcock University 2020 Geography Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Babcock University Geography examination.

Post Utme Babcock University 2020 Geography Objective / Multiple Choice
Question 7 POST_UTME_BABCOCK_UNIVERSITY • 2020 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦10 million and will generate an expected annual profit of ₦2 million for 5 years. What is the present value of the project using the discount rate of 10%?

Answer Options

Correct Answer A. ₦8,000,000
B. ₦9,000,000
C. ₦10,000,000
D. ₦11,000,000
Correct Answer
A
Correct Option:
₦8,000,000

About This Question

This is Post Utme Babcock University 2020 Geography Question 7. It is one of the objective questions from the 2020 Post Utme Babcock University Geography examination.

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