Post Utme Covenant University 2021 Geography Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Covenant University Geography examination.

Post Utme Covenant University 2021 Geography Objective / Multiple Choice
Question 12 POST_UTME_COVENANT_UNIVERSITY • 2021 • GEOGRAPHY • objective

A company is considering investing in a new solar panel factory. The factory will require an initial investment of ₦500 million and will generate an annual profit of ₦200 million. What is the payback period of the investment?

Answer Options

Correct Answer A. 5 years
B. 10 years
C. 15 years
D. 20 years
Correct Answer
A
Correct Option:
5 years

About This Question

This is Post Utme Covenant University 2021 Geography Question 12. It is one of the objective questions from the 2021 Post Utme Covenant University Geography examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support