Post Utme Eksu 2019 Commerce Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Eksu Commerce examination.

Post Utme Eksu 2019 Commerce Objective / Multiple Choice
Question 4 POST_UTME_EKSU • 2019 • COMMERCE • objective

A bank's interest rate on a savings account is 5% per annum. If a customer deposits ₦100,000 into the account, how much interest will the customer earn in one year?

Answer Options

A. ₦5,000
Correct Answer B. ₦5,500
C. ₦6,000
D. ₦6,500
Correct Answer
B
Correct Option:
₦5,500

About This Question

This is Post Utme Eksu 2019 Commerce Question 4. It is one of the objective questions from the 2019 Post Utme Eksu Commerce examination.

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