Post Utme Osustech 2019 Commerce Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Osustech Commerce examination.

Post Utme Osustech 2019 Commerce Objective / Multiple Choice
Question 28 POST_UTME_OSUSTECH • 2019 • COMMERCE • objective

A bank's assets are given by the equation A = P + I + E, where A is the total assets, P is the principal amount, I is the interest earned, and E is the expenses. If the bank has a principal amount of 100,000, interest earned of 10,000, and expenses of 5,000, what is the total assets?

Answer Options

A. 115,000
B. 120,000
Correct Answer C. 125,000
D. 130,000
Correct Answer
C
Correct Option:
125,000

About This Question

This is Post Utme Osustech 2019 Commerce Question 28. It is one of the objective questions from the 2019 Post Utme Osustech Commerce examination.

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