Post Utme Nile University 2025 General Studies Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Nile University General Studies examination.

Post Utme Nile University 2025 General Studies Objective / Multiple Choice
Question 26 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 ₦20 million and is expected to generate a profit of ₦5 million per year. What is the payback period of the project?

Answer Options

A. 4 years
Correct Answer B. 5 years
C. 6 years
D. 7 years
Correct Answer
B
Correct Option:
5 years

About This Question

This is Post Utme Nile University 2025 General Studies Question 26. It is one of the objective questions from the 2025 Post Utme Nile University General Studies examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support