Post Utme Crawford University 2022 Commerce Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2022 Commerce Objective / Multiple Choice
Question 13 POST_UTME_CRAWFORD_UNIVERSITY • 2022 • COMMERCE • objective

A bank offers a 5% interest rate on deposits. If a customer deposits ₦1000, how much interest will the customer earn in one year?

Answer Options

Correct Answer A. ₦50
B. ₦55
C. ₦60
D. ₦65
Correct Answer
A
Correct Option:
₦50

About This Question

This is Post Utme Crawford University 2022 Commerce Question 13. It is one of the objective questions from the 2022 Post Utme Crawford University Commerce examination.

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