Post Utme Coal City University 2022 Commerce Question 34

Practice objective / multiple choice question 34 from the 2022 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2022 Commerce Objective / Multiple Choice
Question 34 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • COMMERCE • objective

A bank offers a 5% interest rate on deposits. If a customer deposits ₦10,000, how much interest will the customer earn in one year?

Answer Options

Correct Answer A. ₦500
B. ₦1,000
C. ₦1,500
D. ₦2,000
Correct Answer
A
Correct Option:
₦500

About This Question

This is Post Utme Coal City University 2022 Commerce Question 34. It is one of the objective questions from the 2022 Post Utme Coal City University Commerce examination.

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