Post Utme Ims U 2024 Commerce Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Ims U Commerce examination.

Post Utme Ims U 2024 Commerce Objective / Multiple Choice
Question 40 POST_UTME_IMS_U • 2024 • COMMERCE • objective

A bank has two types of accounts, A and B. Account A has an interest rate of 5% and a minimum balance of ₦10000, while account B has an interest rate of 10% and a minimum balance of ₦50000. If a customer has a balance of ₦20000, which account should the bank offer to the customer?

Answer Options

Correct Answer A. Account A
B. Account B
C. Account A or Account B
D. Neither Account A nor Account B
Correct Answer
A
Correct Option:
Account A

About This Question

This is Post Utme Ims U 2024 Commerce Question 40. It is one of the objective questions from the 2024 Post Utme Ims U Commerce examination.

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