Neco 2021 Data Processing Question 35
Practice objective / multiple choice question 35 from the 2021 Neco Data Processing examination.
A small business is comparing two data‑backup options.\n\nOption A: Purchase an external hard‑drive for \(\text{₦}120\,000\) with a useful life of 4 years. Depreciation is calculated on a straight‑line basis.\n\nOption B: Subscribe to a cloud‑backup service costing \(\text{₦}15\,000\) per month, with no upfront cost.\n\nTreat the annual depreciation of the hard‑drive as a monthly cost (i.e., divide the yearly depreciation equally over 12 months). Determine the smallest integer number of full months \(n\) after which the cumulative cost of Option B exceeds the cumulative cost of Option A (including the initial purchase price and the accrued depreciation).
Answer Options
About This Question
This is Neco 2021 Data Processing Question 35. It is one of the objective questions from the 2021 Neco Data Processing examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.