Post Utme Futo 2025 Commerce Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Futo Commerce examination.

Post Utme Futo 2025 Commerce Objective / Multiple Choice
Question 4 POST_UTME_FUTO • 2025 • COMMERCE • objective

A bank is considering two different loan options for a customer. Option A has a fixed interest rate of 10% and a variable interest rate of 5% per annum. Option B has a fixed interest rate of 15% and a variable interest rate of 3% per annum. Which option should the bank offer to the customer?

Answer Options

Correct Answer A. Option A
B. Option B
C. Both options are equally attractive
D. Neither option is attractive
Correct Answer
A
Correct Option:
Option A

About This Question

This is Post Utme Futo 2025 Commerce Question 4. It is one of the objective questions from the 2025 Post Utme Futo Commerce examination.

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