Post Utme Lautech 2021 Commerce Question 3
Practice objective / multiple choice question 3 from the 2021 Post Utme Lautech Commerce examination.
A company has a loan of ₦5,000,000 with an interest rate of 15% per annum. If the interest is compounded annually, what is the amount of the loan after 5 years?
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About This Question
This is Post Utme Lautech 2021 Commerce Question 3. It is one of the objective questions from the 2021 Post Utme Lautech Commerce examination.
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