Post Utme Oau 2019 Commerce Question 32
Practice objective / multiple choice question 32 from the 2019 Post Utme Oau Commerce examination.
A bank is considering two different loan options for a customer. Option A has a fixed interest rate of 10% per annum and a repayment period of 5 years. Option B has a variable interest rate of 15% per annum and a repayment period of 3 years. Which option is more favorable to the customer?
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About This Question
This is Post Utme Oau 2019 Commerce Question 32. It is one of the objective questions from the 2019 Post Utme Oau Commerce examination.
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