Post Utme Crawford University 2021 Commerce Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2021 Commerce Objective / Multiple Choice
Question 18 POST_UTME_CRAWFORD_UNIVERSITY • 2021 • COMMERCE • objective

A bank offers a 5% interest rate on a savings account. 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. ₦2,000
D. ₦5,000
Correct Answer
A
Correct Option:
₦500

About This Question

This is Post Utme Crawford University 2021 Commerce Question 18. It is one of the objective questions from the 2021 Post Utme Crawford University Commerce examination.

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