Post Utme Lasu 2020 Commerce Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Lasu Commerce examination.

Post Utme Lasu 2020 Commerce Objective / Multiple Choice

Question 3 POST_UTME_LASU • 2020 • COMMERCE • objective

The formula for calculating the present value of a future sum of money is given by

Correct Answer A. PV = \frac{F}{(1 + r)^n}

B. PV = F - (1 + r)^n

C. PV = \frac{F}{(1 + r)^{-n}}

D. PV = F + (1 + r)^n

Correct Answer

Correct Option:

PV = \frac{F}{(1 + r)^n}

This is Post Utme Lasu 2020 Commerce Question 3. It is one of the objective questions from the 2020 Post Utme Lasu Commerce examination.

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