Post Utme Nile University 2022 Commerce Question 32
Practice objective / multiple choice question 32 from the 2022 Post Utme Nile 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, how much will the customer receive at the end of the 5-year period?
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About This Question
This is Post Utme Nile University 2022 Commerce Question 32. It is one of the objective questions from the 2022 Post Utme Nile University Commerce examination.
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