Post Utme Uniben 2020 Economics Question 29

Practice objective / multiple choice question 29 from the 2020 Post Utme Uniben Economics examination.

Post Utme Uniben 2020 Economics Objective / Multiple Choice
Question 29 POST_UTME_UNIBEN • 2020 • ECONOMICS • objective

A firm is considering investing in a new project that will \cost ₦500,000 and is expected to generate a return of ₦200,000 per year for 5 years. What is the net present value of the project?

Answer Options

Correct Answer A. ₦250,000
B. ₦500,000
C. ₦750,000
D. ₦1,000,000
Correct Answer
A
Correct Option:
₦250,000

About This Question

This is Post Utme Uniben 2020 Economics Question 29. It is one of the objective questions from the 2020 Post Utme Uniben Economics examination.

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