Post Utme Ui 2017 Commerce Question 9

Practice objective / multiple choice question 9 from the 2017 Post Utme Ui Commerce examination.

Post Utme Ui 2017 Commerce Objective / Multiple Choice
Question 9 POST_UTME_UI • 2017 • COMMERCE • objective

A bank offers a 5% interest rate on a savings account. If a customer deposits ₦10,000, how much will they earn in interest after 1 year?

Answer Options

A. ₦500
Correct Answer B. ₦1,000
C. ₦1,500
D. ₦2,000
Correct Answer
B
Correct Option:
₦1,000

About This Question

This is Post Utme Ui 2017 Commerce Question 9. It is one of the objective questions from the 2017 Post Utme Ui 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