Post Utme Unn 2024 Commerce Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Unn Commerce examination.

Post Utme Unn 2024 Commerce Objective / Multiple Choice
Question 20 POST_UTME_UNN • 2024 • COMMERCE • objective

A bank's interest rate is 12% per annum. If a customer deposits ₦10,000 for 1 year, how much interest will they earn?

Answer Options

Correct Answer A. ₦1,200
B. ₦1,200.00
C. ₦1,200.00
D. ₦1,200.00
Correct Answer
A
Correct Option:
₦1,200

About This Question

This is Post Utme Unn 2024 Commerce Question 20. It is one of the objective questions from the 2024 Post Utme Unn Commerce examination.

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