Post Utme Unilag 2019 Commerce Question 38
Practice objective / multiple choice question 38 from the 2019 Post Utme Unilag Commerce examination.
A bank offers a loan of ₦1,000,000 at an interest rate of 12% per annum compounded annually. If the loan is repaid after 2 years, what is the total amount paid by the borrower?
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About This Question
This is Post Utme Unilag 2019 Commerce Question 38. It is one of the objective questions from the 2019 Post Utme Unilag Commerce examination.
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