Post Utme Redeemers University 2020 Commerce Question 8
Practice objective / multiple choice question 8 from the 2020 Post Utme Redeemers University Commerce examination.
A bank offers a 5-year fixed deposit account with an interest rate of 12% per annum compounded annually. If the initial deposit is ₦100,000, what is the future value of the investment after 5 years?
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About This Question
This is Post Utme Redeemers University 2020 Commerce Question 8. It is one of the objective questions from the 2020 Post Utme Redeemers University Commerce examination.
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