Post Utme Delsu 2018 Geography Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Delsu Geography examination.

Post Utme Delsu 2018 Geography Objective / Multiple Choice
Question 37 POST_UTME_DELSU • 2018 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦5 million and will generate an annual profit of ₦2 million for the next 5 years. What is the present value of the project using the discount rate of 10%?

Answer Options

Correct Answer A. ₦8,000,000
B. ₦9,000,000
C. ₦10,000,000
D. ₦11,000,000
Correct Answer
A
Correct Option:
₦8,000,000

About This Question

This is Post Utme Delsu 2018 Geography Question 37. It is one of the objective questions from the 2018 Post Utme Delsu Geography examination.

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