Post Utme Lautech 2020 Geography Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Lautech Geography examination.

Post Utme Lautech 2020 Geography Objective / Multiple Choice
Question 22 POST_UTME_LAUTECH • 2020 • GEOGRAPHY • objective

A company is considering investing in a new project that will require an initial investment of ₦5 million and is expected to generate a profit of ₦2 million per year for 5 years. Calculate the net present value (NPV) of the project, assuming a discount rate of 10%.

Answer Options

Correct Answer A. ₦8,000,000
B. ₦9,000,000
C. ₦10,000,000
D. ₦11,000,000
Correct Answer
A
Correct Option:
₦8,000,000

About This Question

This is Post Utme Lautech 2020 Geography Question 22. It is one of the objective questions from the 2020 Post Utme Lautech Geography examination.

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