Post Utme Futa 2023 Commerce Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Futa Commerce examination.

Post Utme Futa 2023 Commerce Objective / Multiple Choice

Question 13 POST_UTME_FUTA • 2023 • COMMERCE • objective

A bank is considering offering a new credit card product. Which of the following is a key factor in determining the interest rate for the credit card?

Correct Answer A. The bank's target profit margin

B. The credit card holder's credit score

C. The credit card holder's income level

D. The credit card holder's employment status

Correct Answer

Correct Option:

The bank's target profit margin

This is Post Utme Futa 2023 Commerce Question 13. It is one of the objective questions from the 2023 Post Utme Futa Commerce examination.

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