Post Utme Ksu 2017 Commerce Question 19

Practice objective / multiple choice question 19 from the 2017 Post Utme Ksu Commerce examination.

Post Utme Ksu 2017 Commerce Objective / Multiple Choice
Question 19 POST_UTME_KSU • 2017 • COMMERCE • objective

A company has a 5% annual growth rate in sales. If the current sales revenue is ₦1 million, what will be the sales revenue 5 years from now?

Answer Options

A. ₦1.5 million
B. ₦2 million
C. ₦2.5 million
Correct Answer D. ₦3 million
Correct Answer
D
Correct Option:
₦3 million

About This Question

This is Post Utme Ksu 2017 Commerce Question 19. It is one of the objective questions from the 2017 Post Utme Ksu Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support