Post Utme Coal City University 2018 Accounting Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2018 Accounting Objective / Multiple Choice
Question 7 POST_UTME_COAL_CITY_UNIVERSITY • 2018 • ACCOUNTING • objective

A government agency has a budget of ₦500 million for a project. The project requires an initial investment of ₦200 million and a recurring expenditure of ₦150 million per year for 5 years. What is the total cost of the project?

Answer Options

A. ₦1,025,000,000
B. ₦1,075,000,000
Correct Answer C. ₦1,125,000,000
D. ₦1,175,000,000
Correct Answer
C
Correct Option:
₦1,125,000,000

About This Question

This is Post Utme Coal City University 2018 Accounting Question 7. It is one of the objective questions from the 2018 Post Utme Coal City University Accounting examination.

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