Post Utme Mountain Top University 2022 Commerce Question 2
Practice objective / multiple choice question 2 from the 2022 Post Utme Mountain Top University Commerce examination.
A consumer protection agency received a complaint from a customer who was charged an interest rate of 24% per annum on a loan of ₦200,000. If the loan was repaid in 2 years, what was the total interest paid by the customer?
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About This Question
This is Post Utme Mountain Top University 2022 Commerce Question 2. It is one of the objective questions from the 2022 Post Utme Mountain Top University Commerce examination.
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