Post Utme Ksu 2020 Commerce Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Ksu Commerce examination.

Post Utme Ksu 2020 Commerce Objective / Multiple Choice
Question 19 POST_UTME_KSU • 2020 • COMMERCE • objective

A bank's interest rate on a savings account is 5% per annum. If a customer deposits ₦100,000 into the account, how much interest will the customer earn in one year?

Answer Options

A. ₦5,000
B. ₦5,500
Correct Answer C. ₦6,000
D. ₦6,500
Correct Answer
C
Correct Option:
₦6,000

About This Question

This is Post Utme Ksu 2020 Commerce Question 19. It is one of the objective questions from the 2020 Post Utme Ksu Commerce examination.

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