Post Utme Lead City University 2019 Commerce Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Lead City University Commerce examination.

Post Utme Lead City University 2019 Commerce Objective / Multiple Choice
Question 25 POST_UTME_LEAD_CITY_UNIVERSITY • 2019 • COMMERCE • objective

A firm's insurance premium is given by the equation P(x) = 0.01x^2 + 5x. If the firm's assets are worth ₦100,000, what is the insurance premium?

Answer Options

A. ₦10,500
B. ₦11,000
Correct Answer C. ₦11,500
D. ₦12,000
Correct Answer
C
Correct Option:
₦11,500

About This Question

This is Post Utme Lead City University 2019 Commerce Question 25. It is one of the objective questions from the 2019 Post Utme Lead City University Commerce examination.

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