Post Utme Nile University 2025 General Studies Question 22

Practice objective / multiple choice question 22 from the 2025 Post Utme Nile University General Studies examination.

Post Utme Nile University 2025 General Studies Objective / Multiple Choice
Question 22 POST_UTME_NILE_UNIVERSITY • 2025 • GENERAL STUDIES • objective

A company is considering investing in a new project that has a 10-year lifespan. The project has a initial investment of ₦10 million and is expected to generate a profit of ₦2 million per year. What is the net present value (NPV) of the project using a discount rate of 5%?

Answer Options

A. ₦10 million
Correct Answer B. ₦15 million
C. ₦20 million
D. ₦25 million
Correct Answer
B
Correct Option:
₦15 million

About This Question

This is Post Utme Nile University 2025 General Studies Question 22. It is one of the objective questions from the 2025 Post Utme Nile University General Studies examination.

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