Post Utme Unilorin 2023 General Studies Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Unilorin General Studies examination.

Post Utme Unilorin 2023 General Studies Objective / Multiple Choice
Question 23 POST_UTME_UNILORIN • 2023 • GENERAL STUDIES • objective

A company wants to invest in a new project. The expected return on investment (ROI) is 12% per annum. If the initial investment is ₦1,000,000, how much will the company earn in 5 years?

Answer Options

A. ₦1,500,000
Correct Answer B. ₦1,800,000
C. ₦2,000,000
D. ₦2,500,000
Correct Answer
B
Correct Option:
₦1,800,000

About This Question

This is Post Utme Unilorin 2023 General Studies Question 23. It is one of the objective questions from the 2023 Post Utme Unilorin General Studies examination.

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