Post Utme Elizade University 2025 Economics Question 3

Practice objective / multiple choice question 3 from the 2025 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2025 Economics Objective / Multiple Choice
Question 3 POST_UTME_ELIZADE_UNIVERSITY • 2025 • ECONOMICS • objective

A firm is considering investing in a new project with an initial investment of ₦100,000 and expected returns of ₦120,000 per year for 5 years. If the discount rate is 10%, calculate the net present value of the project u\sing the present value formula.

Answer Options

A. ₦20,000
Correct Answer B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Elizade University 2025 Economics Question 3. It is one of the objective questions from the 2025 Post Utme Elizade University Economics examination.

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