Post Utme Delsu 2020 Commerce Question 30
Practice objective / multiple choice question 30 from the 2020 Post Utme Delsu Commerce examination.
A bank offers a loan with an interest rate of 10% per annum compounded annually. If the principal amount is ₦100,000 and the loan is repaid after 5 years, what is the total amount paid by the borrower?
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About This Question
This is Post Utme Delsu 2020 Commerce Question 30. It is one of the objective questions from the 2020 Post Utme Delsu Commerce examination.
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