Post Utme Lead City University 2023 Commerce Question 27
Practice objective / multiple choice question 27 from the 2023 Post Utme Lead City University Commerce examination.
A bank offers a 5-year fixed deposit account with an interest rate of 8% per annum compounded annually. If a customer deposits ₦100,000 at the beginning of the first year, how much will the customer have at the end of the 5th year?
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About This Question
This is Post Utme Lead City University 2023 Commerce Question 27. It is one of the objective questions from the 2023 Post Utme Lead City University Commerce examination.
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