Post Utme Uniport 2024 General Studies Question 7

Practice objective / multiple choice question 7 from the 2024 Post Utme Uniport General Studies examination.

Post Utme Uniport 2024 General Studies Objective / Multiple Choice
Question 7 POST_UTME_UNIPORT • 2024 • GENERAL STUDIES • objective

A company in Nigeria is considering investing in a new project. The project requires an initial investment of ₦10 million and is expected to generate a profit of ₦5 million per year for 5 years. What is the net present value of the project?

Answer Options

A. ₦15 million
Correct Answer B. ₦20 million
C. ₦25 million
D. ₦30 million
Correct Answer
B
Correct Option:
₦20 million

About This Question

This is Post Utme Uniport 2024 General Studies Question 7. It is one of the objective questions from the 2024 Post Utme Uniport General Studies examination.

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