Post Utme Madonna University 2017 Commerce Question 24
Practice objective / multiple choice question 24 from the 2017 Post Utme Madonna University Commerce examination.
A bank offers a loan of ₦100,000 at an interest rate of 10% per annum compounded annually. If the loan is repaid after 2 years, what is the total amount to be repaid?
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About This Question
This is Post Utme Madonna University 2017 Commerce Question 24. It is one of the objective questions from the 2017 Post Utme Madonna University Commerce examination.
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