Post Utme Esut 2018 Commerce Question 4

Practice objective / multiple choice question 4 from the 2018 Post Utme Esut Commerce examination.

Post Utme Esut 2018 Commerce Objective / Multiple Choice
Question 4 POST_UTME_ESUT • 2018 • COMMERCE • objective

A bank is considering the purchase of a new software system to manage its customer relationships. The software has a one-time implementation cost of ₦500,000 and an annual maintenance cost of ₦50,000. If the bank expects to use the software for 5 years, what is the total cost of ownership?

Answer Options

A. ₦750,000
B. ₦800,000
C. ₦850,000
Correct Answer D. ₦900,000
Correct Answer
D
Correct Option:
₦900,000

About This Question

This is Post Utme Esut 2018 Commerce Question 4. It is one of the objective questions from the 2018 Post Utme Esut Commerce examination.

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