Post Utme Futo 2022 Economics Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Futo Economics examination.

Post Utme Futo 2022 Economics Objective / Multiple Choice
Question 18 POST_UTME_FUTO • 2022 • ECONOMICS • objective

A firm is considering investing in a new project with an initial \cost of ₦100,000 and expected annual profits of ₦20,000 for 5 years. What is the net present value of the project?

Answer Options

A. ₦50,000
Correct Answer B. ₦60,000
C. ₦70,000
D. ₦80,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Futo 2022 Economics Question 18. It is one of the objective questions from the 2022 Post Utme Futo Economics examination.

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