Post Utme Osustech 2022 Commerce Question 13
Practice objective / multiple choice question 13 from the 2022 Post Utme Osustech Commerce examination.
A bank has a loan portfolio of ₦10,000,000,000 with an average interest rate of 10%. If the bank decides to increase the interest rate by 2%, what will be the new total value of the loan portfolio?
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About This Question
This is Post Utme Osustech 2022 Commerce Question 13. It is one of the objective questions from the 2022 Post Utme Osustech Commerce examination.
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