Neco 2025 Computer Studies Question 17
Practice objective / multiple choice question 17 from the 2025 Neco Computer Studies examination.
A school is deciding between two office‑automation software packages.\n\nPackage A costs \( \text{₦}120,000 \) initially. Its annual maintenance fee is 12 % of the purchase price and a one‑time upgrade cost of \( \text{₦}30,000 \) is required after the third year.\n\nPackage B costs \( \text{₦}150,000 \) initially. Its annual maintenance fee is 8 % of the purchase price and a one‑time upgrade cost of \( \text{₦}20,000 \) is required after the second year.\n\nAssuming the school will use the software for exactly five years and will pay the maintenance fee each year, which package has the lower total cost over the five‑year period?
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About This Question
This is Neco 2025 Computer Studies Question 17. It is one of the objective questions from the 2025 Neco Computer Studies examination.
Difficulty level: Medium .
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