Post Utme Osustech 2024 Commerce Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Osustech Commerce examination.

Post Utme Osustech 2024 Commerce Objective / Multiple Choice
Question 34 POST_UTME_OSUSTECH • 2024 • COMMERCE • objective

A bank offers a savings account with a 5% annual interest rate and a checking account with a 2% annual interest rate. If a customer deposits ₦10,000 into the savings account and ₦5,000 into the checking account, how much interest will the customer earn in one year?

Answer Options

Correct Answer A. ₦525
B. ₦525
C. ₦550
D. ₦500
Correct Answer
A
Correct Option:
₦525

About This Question

This is Post Utme Osustech 2024 Commerce Question 34. It is one of the objective questions from the 2024 Post Utme Osustech Commerce examination.

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