Post Utme Lasu 2023 Geography Question 17

Practice objective / multiple choice question 17 from the 2023 Post Utme Lasu Geography examination.

Post Utme Lasu 2023 Geography Objective / Multiple Choice
Question 17 POST_UTME_LASU • 2023 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦1.5 million and is expected to generate ₦2.5 million in revenue per year for 5 years. What is the present value of the project using a discount rate of 10%?

Answer Options

Correct Answer A. ₦1,200,000
B. ₦1,500,000
C. ₦1,800,000
D. ₦2,000,000
Correct Answer
A
Correct Option:
₦1,200,000

About This Question

This is Post Utme Lasu 2023 Geography Question 17. It is one of the objective questions from the 2023 Post Utme Lasu Geography examination.

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