Post Utme Nile University 2020 General Studies Question 18

Practice objective / multiple choice question 18 from the 2020 Post Utme Nile University General Studies examination.

Post Utme Nile University 2020 General Studies Objective / Multiple Choice
Question 18 POST_UTME_NILE_UNIVERSITY • 2020 • GENERAL STUDIES • objective

A company is considering investing in a new project that will require an initial investment of ₦1.5 million and will generate a profit of ₦500,000 per year for 5 years. What is the net present value of the project?

Answer Options

Correct Answer A. ₦1.2 million
B. ₦1.5 million
C. ₦2.0 million
D. ₦2.5 million
Correct Answer
A
Correct Option:
₦1.2 million

About This Question

This is Post Utme Nile University 2020 General Studies Question 18. It is one of the objective questions from the 2020 Post Utme Nile University General Studies examination.

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