Post Utme Uniport 2022 Commerce Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Uniport Commerce examination.

Post Utme Uniport 2022 Commerce Objective / Multiple Choice

Question 37 POST_UTME_UNIPORT • 2022 • COMMERCE • objective

A firm has a capital of ₦2,000,000. If it issues 10% debentures, what is the amount of interest payable per annum?

Answer Options

A. ₦200,000

Correct Answer B. ₦400,000

C. ₦600,000

D. ₦800,000

Correct Answer

Correct Option:

₦400,000

About This Question

This is Post Utme Uniport 2022 Commerce Question 37. It is one of the objective questions from the 2022 Post Utme Uniport Commerce examination.

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