Post Utme Eksu 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Eksu Commerce examination.

Post Utme Eksu 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_EKSU • 2023 • COMMERCE • objective

A bank's customer has deposited ₦100,000 into their account. The bank has a policy of paying interest on deposits. What is the minimum interest that the bank must pay on this deposit?

Answer Options

A. ₦1,000
B. ₦5,000
Correct Answer C. ₦10,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦10,000

About This Question

This is Post Utme Eksu 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Eksu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support