Post Utme Caleb University 2023 General Studies Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Caleb University General Studies examination.

Post Utme Caleb University 2023 General Studies Objective / Multiple Choice
Question 35 POST_UTME_CALEB_UNIVERSITY • 2023 • GENERAL STUDIES • objective

A company in Nigeria is considering investing in a new project. The project has a potential return on investment (ROI) of 15% per annum. If the company invests ₦1,000,000 in the project, what is the expected return on investment after 5 years?

Answer Options

Correct Answer A. ₦375,000
B. ₦375,000
C. ₦375,000
D. ₦375,000
Correct Answer
A
Correct Option:
₦375,000

About This Question

This is Post Utme Caleb University 2023 General Studies Question 35. It is one of the objective questions from the 2023 Post Utme Caleb University General Studies examination.

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