Post Utme Wellspring University 2022 General Studies Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Wellspring University General Studies examination.

Post Utme Wellspring University 2022 General Studies Objective / Multiple Choice
Question 3 POST_UTME_WELLSPRING_UNIVERSITY • 2022 • GENERAL STUDIES • objective

A company is considering investing in a new project in Nigeria. The project has a 10-year lifespan and is expected to generate 100 million in revenue each year. If the company requires a 15% return on investment, what is the minimum amount it should invest in the project?

Answer Options

A. 1.5 billion
B. 1.8 billion
Correct Answer C. 2.1 billion
D. 2.5 billion
Correct Answer
C
Correct Option:
2.1 billion

About This Question

This is Post Utme Wellspring University 2022 General Studies Question 3. It is one of the objective questions from the 2022 Post Utme Wellspring University General Studies examination.

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