Post Utme Joseph Ayo Babalola University 2022 Commerce Question 23
Practice objective / multiple choice question 23 from the 2022 Post Utme Joseph Ayo Babalola University Commerce examination.
A bank offers a 5-year fixed deposit account with an interest rate of 10% per annum compounded annually. If the initial deposit is ₦100,000, what is the future value of the investment after 5 years?
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This is Post Utme Joseph Ayo Babalola University 2022 Commerce Question 23. It is one of the objective questions from the 2022 Post Utme Joseph Ayo Babalola University Commerce examination.
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