Post Utme Noun 2019 General Studies Question 34

Practice objective / multiple choice question 34 from the 2019 Post Utme Noun General Studies examination.

Post Utme Noun 2019 General Studies Objective / Multiple Choice
Question 34 POST_UTME_NOUN • 2019 • GENERAL STUDIES • objective

A company is considering investing in a new project that requires a capital outlay of ₦1.5 million. The expected return on investment is 10% per annum. What is the present value of the investment using the formula for present value?

Answer Options

Correct Answer A. ₦1,350,000
B. ₦1,500,000
C. ₦1,650,000
D. ₦1,800,000
Correct Answer
A
Correct Option:
₦1,350,000

About This Question

This is Post Utme Noun 2019 General Studies Question 34. It is one of the objective questions from the 2019 Post Utme Noun General Studies examination.

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