Post Utme Uniben 2024 Commerce Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Uniben Commerce examination.

Post Utme Uniben 2024 Commerce Objective / Multiple Choice
Question 30 POST_UTME_UNIBEN • 2024 • COMMERCE • objective

A bank's interest rate is 12% per annum. If a customer deposits ₦10,000 for 2 years, how much interest will they earn?

Answer Options

A. ₦2,400
B. ₦2,800
Correct Answer C. ₦3,200
D. ₦3,600
Correct Answer
C
Correct Option:
₦3,200

About This Question

This is Post Utme Uniben 2024 Commerce Question 30. It is one of the objective questions from the 2024 Post Utme Uniben Commerce examination.

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