Post Utme Ksu 2019 Government Question 3

Practice objective / multiple choice question 3 from the 2019 Post Utme Ksu Government examination.

Post Utme Ksu 2019 Government Objective / Multiple Choice
Question 3 POST_UTME_KSU • 2019 • GOVERNMENT • objective

A government has a budget of ₦100 million for a project. If the project requires an initial investment of ₦20 million and a recurring expenditure of ₦5 million per year for 5 years, what is the total cost of the project?

Answer Options

A. ₦120 million
B. ₦125 million
C. ₦130 million
Correct Answer D. ₦135 million
Correct Answer
D
Correct Option:
₦135 million

About This Question

This is Post Utme Ksu 2019 Government Question 3. It is one of the objective questions from the 2019 Post Utme Ksu Government 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