Post Utme Covenant University 2020 Commerce Question 40
Practice objective / multiple choice question 40 from the 2020 Post Utme Covenant University Commerce examination.
A bank offers a 5-year fixed deposit account with a 12% annual interest rate. If a customer deposits ₦100,000, how much will they receive at the end of the 5-year term?
Answer Options
About This Question
This is Post Utme Covenant University 2020 Commerce Question 40. It is one of the objective questions from the 2020 Post Utme Covenant University Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.