Post Utme Madonna University 2020 Commerce Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2020 Commerce Objective / Multiple Choice
Question 23 POST_UTME_MADONNA_UNIVERSITY • 2020 • COMMERCE • objective

A company is considering two different advertising strategies. The first strategy involves a one-time payment of ₦100,000, while the second strategy involves a monthly payment of ₦10,000 for 12 months. If the company's discount rate is 10%, which strategy is more valuable?

Answer Options

Correct Answer A. The one-time payment strategy
B. The monthly payment strategy
C. Both strategies are equally valuable
D. Neither strategy is valuable
Correct Answer
A
Correct Option:
The one-time payment strategy

About This Question

This is Post Utme Madonna University 2020 Commerce Question 23. It is one of the objective questions from the 2020 Post Utme Madonna University Commerce examination.

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