Post Utme Veritas University 2023 Commerce Question 38
Practice objective / multiple choice question 38 from the 2023 Post Utme Veritas University Commerce examination.
A bank offers a 5-year fixed deposit account with an interest rate of 8% per annum compounded annually. If the initial deposit is ₦100,000, what is the future value of the investment after 5 years?
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About This Question
This is Post Utme Veritas University 2023 Commerce Question 38. It is one of the objective questions from the 2023 Post Utme Veritas University Commerce examination.
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