Post Utme Futa 2017 General Studies Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Futa General Studies examination.

Post Utme Futa 2017 General Studies Objective / Multiple Choice
Question 18 POST_UTME_FUTA • 2017 • GENERAL STUDIES • objective

A company is considering two different investment options: Option A, which has a 10% annual return, and Option B, which has a 12% annual return. If the company invests 1000 in each option, how much more money will it have in Option B after 5 years?

Answer Options

A. 100
Correct Answer B. 200
C. 300
D. 400
Correct Answer
B
Correct Option:
200

About This Question

This is Post Utme Futa 2017 General Studies Question 18. It is one of the objective questions from the 2017 Post Utme Futa General Studies examination.

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