Post Utme Noun 2020 Commerce Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Noun Commerce examination.

Post Utme Noun 2020 Commerce Objective / Multiple Choice
Question 8 POST_UTME_NOUN • 2020 • COMMERCE • objective

A bank offers a 5% interest rate on a savings account. If a customer deposits ₦10,000, how much will the customer have after one year?

Answer Options

Correct Answer A. ₦10,525
B. ₦10,500
C. ₦10,475
D. ₦10,450
Correct Answer
A
Correct Option:
₦10,525

About This Question

This is Post Utme Noun 2020 Commerce Question 8. It is one of the objective questions from the 2020 Post Utme Noun Commerce examination.

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