Post Utme Coal City University 2019 General Studies Question 24

Practice objective / multiple choice question 24 from the 2019 Post Utme Coal City University General Studies examination.

Post Utme Coal City University 2019 General Studies Objective / Multiple Choice
Question 24 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • GENERAL STUDIES • objective

A company is considering investing in a new project that has a 10-year lifespan. If the company expects to earn a 15% annual return on investment, what is the present value of the project?

Answer Options

Correct Answer A. ₦1,500,000
B. ₦1,600,000
C. ₦1,700,000
D. ₦1,800,000
Correct Answer
A
Correct Option:
₦1,500,000

About This Question

This is Post Utme Coal City University 2019 General Studies Question 24. It is one of the objective questions from the 2019 Post Utme Coal City University General Studies examination.

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