Post Utme Lasu 2017 Economics Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Lasu Economics examination.

Post Utme Lasu 2017 Economics Objective / Multiple Choice
Question 39 POST_UTME_LASU • 2017 • ECONOMICS • objective

A firm is considering investing in a new project. The project has a \cost of ₦1,000,000 and is expected to generate a revenue of ₦1,500,000 per year for 5 years. What is the net present value of the project?

Answer Options

A. ₦250,000
B. ₦500,000
Correct Answer C. ₦750,000
D. ₦1,000,000
Correct Answer
C
Correct Option:
₦750,000

About This Question

This is Post Utme Lasu 2017 Economics Question 39. It is one of the objective questions from the 2017 Post Utme Lasu Economics examination.

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