Post Utme Bells University 2018 General Studies Question 5

Practice objective / multiple choice question 5 from the 2018 Post Utme Bells University General Studies examination.

Post Utme Bells University 2018 General Studies Objective / Multiple Choice
Question 5 POST_UTME_BELLS_UNIVERSITY • 2018 • GENERAL STUDIES • objective

A company is considering launching a new product. The product has a market size of ₦1 billion and a growth rate of 15% per annum. Using the compound annual growth rate (CAGR) formula, what is the CAGR of the product?

Answer Options

A. 10%
B. 12%
Correct Answer C. 15%
D. 18%
Correct Answer
C
Correct Option:
15%

About This Question

This is Post Utme Bells University 2018 General Studies Question 5. It is one of the objective questions from the 2018 Post Utme Bells University General Studies examination.

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