Neco 2024 Government Question 17
Practice objective / multiple choice question 17 from the 2024 Neco Government examination.
An environmental pressure group had 12,000 members at the start of 2018. Membership grew by \(8\%\) per year from 2018 to 2022 inclusive, after which a new law limited growth to \(3\%\) per year. Each member pays an annual subscription of \(\text{₦}2,500\). Assuming the membership figure at the beginning of each year is used to calculate that year's subscription revenue, (a) what was the membership at the beginning of 2025 (rounded to the nearest whole member)? (b) What is the total subscription revenue collected from 2018 through 2025 (rounded to the nearest naira)?
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About This Question
This is Neco 2024 Government Question 17. It is one of the objective questions from the 2024 Neco Government examination.
Difficulty level: Medium .
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