Post Utme Lasu 2022 Commerce Question 9
Practice objective / multiple choice question 9 from the 2022 Post Utme Lasu Commerce examination.
A bank offers a loan of ₦500,000 at an interest rate of 10% per annum. The loan is repayable in 5 years. What is the total interest paid over the 5-year period?
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About This Question
This is Post Utme Lasu 2022 Commerce Question 9. It is one of the objective questions from the 2022 Post Utme Lasu Commerce examination.
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