Post Utme Christopher University 2025 Geography Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Christopher University Geography examination.

Post Utme Christopher University 2025 Geography Objective / Multiple Choice
Question 24 POST_UTME_CHRISTOPHER_UNIVERSITY • 2025 • GEOGRAPHY • objective

A company is considering investing in a new factory that will produce solar panels. The initial investment is ₦1,500,000, and the expected annual profit is ₦500,000. What is the payback period of the investment?

Answer Options

A. 3 years
Correct Answer B. 4 years
C. 5 years
D. 6 years
Correct Answer
B
Correct Option:
4 years

About This Question

This is Post Utme Christopher University 2025 Geography Question 24. It is one of the objective questions from the 2025 Post Utme Christopher University Geography examination.

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