Post Utme Redeemers University 2025 Commerce Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2025 Commerce Objective / Multiple Choice
Question 36 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • COMMERCE • objective

A bank has a savings account with an interest rate of 5% per annum. If a customer deposits ₦10,000 into the account, how much will the customer have in the account after 2 years?

Answer Options

A. ₦11,000
B. ₦12,000
Correct Answer C. ₦13,000
D. ₦14,000
Correct Answer
C
Correct Option:
₦13,000

About This Question

This is Post Utme Redeemers University 2025 Commerce Question 36. It is one of the objective questions from the 2025 Post Utme Redeemers University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support