Post Utme Christopher University 2025 General Studies Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Christopher University General Studies examination.

Post Utme Christopher University 2025 General Studies Objective / Multiple Choice

Question 39 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • GENERAL STUDIES • objective

A company is considering two different investment options: Option A has a 10% annual return, while Option B has a 15% annual return. Which of the following is the correct formula for calculating the future value of Option A?

Answer Options

Correct Answer A. ( FV = P(1 + r)^n )

B. ( FV = P(1 - r)^n )

C. ( FV = P(1 + r)^{-n} )

D. ( FV = P(1 - r)^{-n} )

Correct Answer

Correct Option:

( FV = P(1 + r)^n )

About This Question

This is Post Utme Christopher University 2025 General Studies Question 39. It is one of the objective questions from the 2025 Post Utme Christopher University General Studies examination.

View More Post Utme Christopher University 2025 General Studies Questions More Post Utme Christopher University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows

Chat with Support