Waec Model Questions Vol1 2019 Government Question 39
Practice objective / multiple choice question 39 from the 2019 Waec Model Questions Vol1 Government examination.
A local government is evaluating two waste‑management projects. Project A requires an initial outlay of ₦500,000 and yields an annual benefit of ₦150,000 for 5 years. Project B requires an initial outlay of ₦300,000 and yields an annual benefit of ₦80,000 for 6 years. The discount rate is 10 % per annum. Using net present value (NPV) analysis, which project should be selected?
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About This Question
This is Waec Model Questions Vol1 2019 Government Question 39. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Government examination.
Difficulty level: Hard .
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