Post Utme Unilag 2025 Commerce Question 20
Practice objective / multiple choice question 20 from the 2025 Post Utme Unilag Commerce examination.
A bank has a loan of ₦1,000,000 at an interest rate of 12% per annum. If the loan is compounded annually, what will be the total amount owed after 2 years?
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About This Question
This is Post Utme Unilag 2025 Commerce Question 20. It is one of the objective questions from the 2025 Post Utme Unilag Commerce examination.
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