Post Utme Futa 2017 General Studies Question 20

Practice objective / multiple choice question 20 from the 2017 Post Utme Futa General Studies examination.

Post Utme Futa 2017 General Studies Objective / Multiple Choice
Question 20 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 10 years?

Answer Options

A. 500
B. 1000
C. 1500
Correct Answer D. 2000
Correct Answer
D
Correct Option:
2000

About This Question

This is Post Utme Futa 2017 General Studies Question 20. It is one of the objective questions from the 2017 Post Utme Futa General Studies examination.

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